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From Niche To Standard? M&A Transactions Under Scrutiny By The German Foreign Direct Investment Regime - Government, Public Sector

From Niche To Standard? M&A Transactions Under Scrutiny By The German Foreign Direct Investment Regime - Government, Public Sector
mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.

Kenya s GDC gets Sh500m AU grant for geothermal wells

Kenya s GDC gets $5m AU grant for geothermal wells Wednesday March 17 2021 Advertisement Geothermal Development Company (GDC) has received a $5 million (Ksh500 million ) grant from the Geothermal Risk Mitigation Facility (GRMF) to drill two wells in Baringo County. The grant will be used to fund 40 per cent of the costs for drilling and testing at the Paka Geothermal Project, one of three geothermal prospects in the area. The others are Silali and Korosi. About 20 per cent of the total costs will fund infrastructure development. “The funding will go towards the cost of the exploration drilling programme for the Paka Geothermal Project in Baringo,” GDC managing director and chief executive Jared Othieno said on Wednesday.

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