Devki Acquires Sosian Menengai Geothermal Power

Published: Dec 06 2017
Deal Summary

Devki Group, a diversified company, has acquired Sosian Menengai Geothermal Power Limited, one of three firms that Kenya state-owned Geothermal Development Company (GDC) awarded exclusive rights to set up a steam plant under a build-own-operate model, from Baringo Senator Gideon Moi.

Sosian Menengai Geothermal Power will build one of the three 35 MW geothermal plants in Menengai, Nakuru County, Kenya.

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