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Signature(s)

Amount
€ 60,000,000
Countries
Sector(s)
Kenya : € 60,000,000
Energy : € 60,000,000
Signature date(s)
27/03/2017 : € 60,000,000

Summary sheet

Release date
26 May 2016
Status
Reference
Signed | 27/03/2017
20150640
Project name
Promoter - financial intermediary
KENYA POWER DISTRIBUTION LAST MILE CONNECTIVITY
KENYA POWER AND LIGHTING CO
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 60 million
EUR 180 million
Location
Sector(s)
Description
Objectives

The project comprises a programme of electrification schemes targeting the connection of customers to the distribution network in 32 of Kenya's 47 counties.

The project will enable the country to significantly increase the number of customers (households and industries) that will have access to affordable electricity. The project's economic benefits include increased number of connections, increased access to reliable electricity for households and businesses, improved economic development in Kenyan rural areas and reduction of disparities between rural and urban areas.

Environmental aspects
Procurement

If located inside the EU, the project would fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU, requiring a screening decision by the competent authority. Given the nature and characteristics of the activities no EIA is required for the project. The promoter has however developed an environmental and social management framework (ESMF) to be applied to the programme, which has been approved by the National Environment Management Authority. The Bank will assess the environmental and social aspects of the project as part of its appraisal process.

The Bank will require the promoter to ensure that implementation of the project is done in accordance with the Bank's Guide to Procurement.

Comments

The Government of Kenya, in its Vision 2030 development programme launched in 2008, has identified energy as being one of the key enablers to attain 10% GDP growth target. The project will contribute to several sustainable development goals (SDGs), notably poverty reduction (SDG 1), inclusive economic growth (SDG 8) and improving access to affordable, reliable, sustainable and modern energy services (SDG 7). The project also supports the first objective of the Sustainable Energy for All (SE4ALL) initiative which is to ensure universal access to modern energy services by 2030.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - KENYA POWER DISTRIBUTION LAST MILE CONNECTIVITY
Publication Date
13 Sep 2016
Document language
Main Topic
Lending
Document Number
68947019
Document Focus
Environmental Information
Project Number
20150640
Sector(s)
Countries
Publicly available
Download now

Photogallery

General enquiries and comments

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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