Olkaria III geothermal refinancing, Kenya

Trinity is pleased to announce that it advised DEG and KfW, the German development finance institutions (‘DFI’), as well as the Emerging Africa Infrastructure Fund on the US$310m refinancing of the Olkaria III geothermal power plant in Kenya. “DFI lenders’ original project finance loan was refinanced by Overseas Private Investment Corporation (OPIC), an agency of the United States Government, with its existing loan converted into a guaranteed corporate facility.”  DFI lenders were advised by Kaushik Ray and Simon Norris.