Kaptis Hydroelectric Power Station
Kaptis Hydroelectric Power Station, also Kaptis Power Station, is a planned hydroelectric power plant in Kenya, with generation capacity of.
Location
The power station straddles the border of Kakamega and Vihiga Counties in Western Kenya and is located about, by road, southeast of the town of Kakamega.Overview
Kaptis Power Station is an independent power project, under development by a consortium comprising Tembo Power, based in Ebene, Mauritius Metier Private Equity International, a company based in Sandhurst, Gauteng, South Africa and WK Construction, a South African engineering and construction company, based in Johannesburg. The consortium that is developing the power station, also owns it, as outlined in the table below.| Rank | Name of Owner | Percentage Ownership |
| 1 | Metier Private Equity International of South Africa | 40.0 |
| 2 | WK Construction of South Africa | 20.0 |
| 3 | Tembo Power of Mauritius | 40.0 |
| Total | 100.00 |
Funding
The run-of-the-river hydroelectric power plant is budgeted to cost US$44 million. The owner/developers of the power station will raise US$14 million in equity financing. The remaining US$30 million will be borrowed as arranged by the selected financial arranger, the Emerging Africa Infrastructure Fund, a subsidiary of the Private Infrastructure Development Group.In April 2020, it was announced that the US$30 million loan would be provided jointly by the Finnish Fund for Industrial Cooperation Limited and Ninety One SA, a subsidiary of the Emerging Africa Infrastructure Fund.