Kenya : First Commercial Financing for Power Plants Made Possible through a Series of IDA Guarantees

The $623 million financing included the first long-term commercial loans for private power plants in Kenya and marked the first time IDA guarantees were issued in support of local investors. The guarantees minimized the government’s contingent liab...

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Main Authors:	Kacaniku, Teuta, Izaguirre-Bradley, Karina
Format:	Brief
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	WASTE POWER SECTORS POWER PLANTS ELECTRICITY SECTOR FOSSIL FUELS HEATING FUELS CARBON INCOME ACTIVITIES ACCESS TO MODERN ENERGY GENERATION INTERNATIONAL ENERGY AGENCY CLEAN ENERGY TRADITIONAL BIOMASS EMISSIONS INCENTIVES POWER SUPPLY GAS PE ENERGY CONSUMERS SOURCE OF ELECTRICITY DISTRIBUTION OF ENERGY BIOMASS GENERATION CAPACITY ENERGY PAYMENTS CO2 PETROLEUM OIL EMISSION FACTOR POWER GENERATION ENERGY MIX SUSTAINABLE ENERGY FOREST RESIDUES CO2 EMISSIONS GEOTHERMAL PLANT CAPACITY KILOWATT HOUR ENERGY INTENSITY ELECTRIFICATION OPTIONS SOLID FUELS ENERGY RESOURCES PRIMARY ENERGY CONSUMPTION ENERGY SERVICES RENEWABLE ENERGY RESOURCES CONVENTION ON CLIMATE CHANGE ELECTRICITY SUPPLY ENERGY SECTOR GAS EMISSIONS PELLETS GROSS DOMESTIC PRODUCT FUELS FUEL COSTS POWER PRODUCERS CFC ENERGY CONSUMPTION EMISSION GREENHOUSE POWER GENERATION CAPACITY LEAD HEAT CLIMATE CHANGE BALANCE SOURCE OF ENERGY BLACK CARBON ENERGY REGULATORY COMMISSION ENERGY CHARGES POWER ELECTRICITY CLIMATE HYDROPOWER WORLD ENERGY FOREST PETROLEUM GAS ELECTRICITY TARIFFS REMEDIAL ACTIONS ENVIRONMENT PRIMARY ENERGY ENERGY EFFICIENCY ENERGY DEMAND POWER PRODUCER COMBUSTION INVESTMENT GASEOUS FUELS COAL TARIFF DIESEL FUEL FUEL GLOBAL ENERGY MIX LESS BOTTOM LINE INVESTMENTS METHANE BRIQUETTES HOUSEHOLD ENERGY ENERGY INDUSTRIES LIQUEFIED PETROLEUM GAS RENEWABLE ENERGY ENERGY ACCESS DIESEL POWER OUTAGES FRAMEWORK CONVENTION ON CLIMATE CHANGE HEAT GENERATION PIPELINE FOSSIL HEATING BENEFITS POWER PLANT ENERGY
Online Access:	http://documents.worldbank.org/curated/en/2015/06/24730708/kenya-first-commercial-financing-power-plants-made-possible-through-series-ida-guarantees http://hdl.handle.net/10986/22115

id	okr-10986-22115
recordtype	oai_dc
spelling	okr-10986-221152021-04-23T14:04:07Z Kenya : First Commercial Financing for Power Plants Made Possible through a Series of IDA Guarantees Kacaniku, Teuta Izaguirre-Bradley, Karina WASTE POWER SECTORS POWER PLANTS ELECTRICITY SECTOR FOSSIL FUELS HEATING FUELS CARBON INCOME ACTIVITIES ACCESS TO MODERN ENERGY GENERATION INTERNATIONAL ENERGY AGENCY CLEAN ENERGY TRADITIONAL BIOMASS EMISSIONS INCENTIVES POWER SUPPLY GAS PE ENERGY CONSUMERS SOURCE OF ELECTRICITY DISTRIBUTION OF ENERGY BIOMASS GENERATION CAPACITY ENERGY PAYMENTS CO2 PETROLEUM OIL EMISSION FACTOR POWER GENERATION ENERGY MIX SUSTAINABLE ENERGY FOREST RESIDUES CO2 EMISSIONS GEOTHERMAL PLANT CAPACITY KILOWATT HOUR ENERGY INTENSITY ELECTRIFICATION OPTIONS SOLID FUELS ENERGY RESOURCES PRIMARY ENERGY CONSUMPTION ENERGY SERVICES RENEWABLE ENERGY RESOURCES CONVENTION ON CLIMATE CHANGE ELECTRICITY SUPPLY ENERGY SECTOR GAS EMISSIONS PELLETS GROSS DOMESTIC PRODUCT FUELS FUEL COSTS POWER PRODUCERS CFC ENERGY CONSUMPTION EMISSION GREENHOUSE POWER GENERATION CAPACITY LEAD HEAT CLIMATE CHANGE BALANCE SOURCE OF ENERGY BLACK CARBON ENERGY REGULATORY COMMISSION ENERGY CHARGES POWER ELECTRICITY CLIMATE HYDROPOWER WORLD ENERGY FOREST PETROLEUM GAS ELECTRICITY TARIFFS REMEDIAL ACTIONS ENVIRONMENT PRIMARY ENERGY ENERGY EFFICIENCY ENERGY DEMAND POWER PRODUCER COMBUSTION INVESTMENT GASEOUS FUELS COAL TARIFF DIESEL FUEL FUEL GLOBAL ENERGY MIX LESS BOTTOM LINE INVESTMENTS METHANE BRIQUETTES HOUSEHOLD ENERGY ENERGY INDUSTRIES LIQUEFIED PETROLEUM GAS RENEWABLE ENERGY ENERGY ACCESS DIESEL POWER OUTAGES FRAMEWORK CONVENTION ON CLIMATE CHANGE HEAT GENERATION PIPELINE FOSSIL HEATING BENEFITS POWER PLANT ENERGY The $623 million financing included the first long-term commercial loans for private power plants in Kenya and marked the first time IDA guarantees were issued in support of local investors. The guarantees minimized the government’s contingent liabilities by limiting its exposure to two to three months of payments and guarantees. They also helped to ensure consistency and predictability in government support for Kenya’s Independent Power Producer Program. Most important, they made possible the construction of 298 MW of critically needed generation capacity. 2015-07-07T18:45:29Z 2015-07-07T18:45:29Z 2015-06 Brief http://documents.worldbank.org/curated/en/2015/06/24730708/kenya-first-commercial-financing-power-plants-made-possible-through-series-ida-guarantees http://hdl.handle.net/10986/22115 English en_US Live Wire, 2015/47 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief Africa Kenya
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	WASTE POWER SECTORS POWER PLANTS ELECTRICITY SECTOR FOSSIL FUELS HEATING FUELS CARBON INCOME ACTIVITIES ACCESS TO MODERN ENERGY GENERATION INTERNATIONAL ENERGY AGENCY CLEAN ENERGY TRADITIONAL BIOMASS EMISSIONS INCENTIVES POWER SUPPLY GAS PE ENERGY CONSUMERS SOURCE OF ELECTRICITY DISTRIBUTION OF ENERGY BIOMASS GENERATION CAPACITY ENERGY PAYMENTS CO2 PETROLEUM OIL EMISSION FACTOR POWER GENERATION ENERGY MIX SUSTAINABLE ENERGY FOREST RESIDUES CO2 EMISSIONS GEOTHERMAL PLANT CAPACITY KILOWATT HOUR ENERGY INTENSITY ELECTRIFICATION OPTIONS SOLID FUELS ENERGY RESOURCES PRIMARY ENERGY CONSUMPTION ENERGY SERVICES RENEWABLE ENERGY RESOURCES CONVENTION ON CLIMATE CHANGE ELECTRICITY SUPPLY ENERGY SECTOR GAS EMISSIONS PELLETS GROSS DOMESTIC PRODUCT FUELS FUEL COSTS POWER PRODUCERS CFC ENERGY CONSUMPTION EMISSION GREENHOUSE POWER GENERATION CAPACITY LEAD HEAT CLIMATE CHANGE BALANCE SOURCE OF ENERGY BLACK CARBON ENERGY REGULATORY COMMISSION ENERGY CHARGES POWER ELECTRICITY CLIMATE HYDROPOWER WORLD ENERGY FOREST PETROLEUM GAS ELECTRICITY TARIFFS REMEDIAL ACTIONS ENVIRONMENT PRIMARY ENERGY ENERGY EFFICIENCY ENERGY DEMAND POWER PRODUCER COMBUSTION INVESTMENT GASEOUS FUELS COAL TARIFF DIESEL FUEL FUEL GLOBAL ENERGY MIX LESS BOTTOM LINE INVESTMENTS METHANE BRIQUETTES HOUSEHOLD ENERGY ENERGY INDUSTRIES LIQUEFIED PETROLEUM GAS RENEWABLE ENERGY ENERGY ACCESS DIESEL POWER OUTAGES FRAMEWORK CONVENTION ON CLIMATE CHANGE HEAT GENERATION PIPELINE FOSSIL HEATING BENEFITS POWER PLANT ENERGY
spellingShingle	WASTE POWER SECTORS POWER PLANTS ELECTRICITY SECTOR FOSSIL FUELS HEATING FUELS CARBON INCOME ACTIVITIES ACCESS TO MODERN ENERGY GENERATION INTERNATIONAL ENERGY AGENCY CLEAN ENERGY TRADITIONAL BIOMASS EMISSIONS INCENTIVES POWER SUPPLY GAS PE ENERGY CONSUMERS SOURCE OF ELECTRICITY DISTRIBUTION OF ENERGY BIOMASS GENERATION CAPACITY ENERGY PAYMENTS CO2 PETROLEUM OIL EMISSION FACTOR POWER GENERATION ENERGY MIX SUSTAINABLE ENERGY FOREST RESIDUES CO2 EMISSIONS GEOTHERMAL PLANT CAPACITY KILOWATT HOUR ENERGY INTENSITY ELECTRIFICATION OPTIONS SOLID FUELS ENERGY RESOURCES PRIMARY ENERGY CONSUMPTION ENERGY SERVICES RENEWABLE ENERGY RESOURCES CONVENTION ON CLIMATE CHANGE ELECTRICITY SUPPLY ENERGY SECTOR GAS EMISSIONS PELLETS GROSS DOMESTIC PRODUCT FUELS FUEL COSTS POWER PRODUCERS CFC ENERGY CONSUMPTION EMISSION GREENHOUSE POWER GENERATION CAPACITY LEAD HEAT CLIMATE CHANGE BALANCE SOURCE OF ENERGY BLACK CARBON ENERGY REGULATORY COMMISSION ENERGY CHARGES POWER ELECTRICITY CLIMATE HYDROPOWER WORLD ENERGY FOREST PETROLEUM GAS ELECTRICITY TARIFFS REMEDIAL ACTIONS ENVIRONMENT PRIMARY ENERGY ENERGY EFFICIENCY ENERGY DEMAND POWER PRODUCER COMBUSTION INVESTMENT GASEOUS FUELS COAL TARIFF DIESEL FUEL FUEL GLOBAL ENERGY MIX LESS BOTTOM LINE INVESTMENTS METHANE BRIQUETTES HOUSEHOLD ENERGY ENERGY INDUSTRIES LIQUEFIED PETROLEUM GAS RENEWABLE ENERGY ENERGY ACCESS DIESEL POWER OUTAGES FRAMEWORK CONVENTION ON CLIMATE CHANGE HEAT GENERATION PIPELINE FOSSIL HEATING BENEFITS POWER PLANT ENERGY Kacaniku, Teuta Izaguirre-Bradley, Karina Kenya : First Commercial Financing for Power Plants Made Possible through a Series of IDA Guarantees
geographic_facet	Africa Kenya
relation	Live Wire, 2015/47
description	The $623 million financing included the first long-term commercial loans for private power plants in Kenya and marked the first time IDA guarantees were issued in support of local investors. The guarantees minimized the government’s contingent liabilities by limiting its exposure to two to three months of payments and guarantees. They also helped to ensure consistency and predictability in government support for Kenya’s Independent Power Producer Program. Most important, they made possible the construction of 298 MW of critically needed generation capacity.
format	Brief
author	Kacaniku, Teuta Izaguirre-Bradley, Karina
author_facet	Kacaniku, Teuta Izaguirre-Bradley, Karina
author_sort	Kacaniku, Teuta
title	Kenya : First Commercial Financing for Power Plants Made Possible through a Series of IDA Guarantees
title_short	Kenya : First Commercial Financing for Power Plants Made Possible through a Series of IDA Guarantees
title_full	Kenya : First Commercial Financing for Power Plants Made Possible through a Series of IDA Guarantees
title_fullStr	Kenya : First Commercial Financing for Power Plants Made Possible through a Series of IDA Guarantees
title_full_unstemmed	Kenya : First Commercial Financing for Power Plants Made Possible through a Series of IDA Guarantees
title_sort	kenya : first commercial financing for power plants made possible through a series of ida guarantees
publisher	World Bank, Washington, DC
publishDate	2015
url	http://documents.worldbank.org/curated/en/2015/06/24730708/kenya-first-commercial-financing-power-plants-made-possible-through-series-ida-guarantees http://hdl.handle.net/10986/22115
_version_	1764450258212880384

Kenya : First Commercial Financing for Power Plants Made Possible through a Series of IDA Guarantees

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