Kaptis Hydroelectric Power Station
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| Kaptis Hydroelectric Power Station | |
|---|---|
  Location of Kaptis Hydroelectric Power Station in Kenya | |
| Official name | Kaptis Power Station |
| Country | Kenya |
| Location | Kaptis, Kakamega County/Vihiga County |
| Coordinates | 00°12′16″N 34°53′52″E / 0.20444°N 34.89778°E |
| Purpose | Power |
| Status | Proposed |
| Construction began | 2020 Expected |
| Opening date | 2022 Expected |
| Dam and spillways | |
| Type of dam | Run of river |
| Impounds | Yala River |
| Spillway type | N/A |
| Commission date | 2022 Expected |
| Turbines | 3 x 5 MW |
| Installed capacity | 15 megawatts (20,000 hp) |
| Annual generation | 86 GWh |
Kaptis Hydroelectric Power Station, also Kaptis Power Station, is a planned hydroelectric power plant in Kenya, with generation capacity of 15 megawatts (20,115 hp).[1]
Overview
Kaptis Power Station is an independent power project, under development by a consortium comprising (a) Tembo Power, based in Ebene, Mauritius (b) Metier Private Equity International, a company based in Sandhurst, Gauteng, South Africa and (c) WK Construction, a South African engineering and construction company, based in Johannesburg. The consortium that is developing the power station, also owns it, as outlined in the table below.[3]
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | Metier Private Equity International of South Africa | 40.0[3] |
| 2 | WK Construction of South Africa | 20.0[3] |
| 3 | Tembo Power of Mauritius | 40.0[3] |
| Total | 100.00 | |
Funding
The run-of-the-river hydroelectric power plant is budgeted to cost US$44 million. The owner/developers of the power station will raise US$14 million in equity financing. The remaining US$30 million will be borrowed as arranged by the selected financial arranger, the Emerging Africa Infrastructure Fund, a subsidiary of the Private Infrastructure Development Group.[4]
In April 2020, it was announced that the US$30 million loan would be provided jointly by the Finnish Fund for Industrial Cooperation Limited (Finnfund) and Ninety One SA (formerly Investec Asset Management), a subsidiary of the Emerging Africa Infrastructure Fund (EAIF).[1]
