The consortium, which features Transcentury Investments subsidiary firm, Civicon as a local project contractor is gearing to develop the Sh11.7 billion Limuru Wind Farm Project with groundbreaking now set for March 2015.
Transcentury Group Chief Executive Officer Gachao Kiuna, said the Limuru Wind Farm project will be undertaken on a 210 acre parcel of land at Mwanya wa Ruhuho Nguirubi Thiongo area in Limuru.
The project’s investment planning will be undertaken by Saron Marketing Group who are the investment consultants while Aperture Green Power Company will play the lead project sponsor role.
“We are excited that Civicon will be playing a key role in the realisation of such a major energy project which further confirms our growing positioning in the local energy development sector. The potential for wind energy generation in Kenya is significant and we shall be using the Limuru Wind Farm Project as a pilot programme to fine tune our delivery capacity,” Kiuna added.
The firm is currently negotiating with Kenya Power to seal a suitable Power Purchase Agreement (PPA) and hopes to sign the deal by the end of this year.
He said that during the construction phase, the proposed Limuru Wind farm will provide in excess of 700 direct jobs to the local community as the construction will involve the installation of 33 Wind Turbines to provide low cost onshore wind power for the national grid.
Earlier, Civicon signed a 25 year power purchase agreement with Kenya Power, from its 35MW Menengai Geothermal power project near Nakuru for an unspecified value.
Civicon also commenced construction earlier this month of the first phase of the 300MW Lake Turkana Wind Power Project, which will be the region’s largest wind power project solidifying the local company’s position as the leading local wind power firm in the region.