This investment was made when British International Investment was named CDC Group.
Akiira One Geothermal Company Limited is a special purpose vehicle established with the sole purpose of developing and implementing the Akiira geothermal power project. The Akiira project is a 35 MW geothermal project that utilises the geothermal resources in the Kenyan part of the Rift Valley.
Key facts
- Status:
- Active
- Region
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Africa, East Africa
- Countries:
- Kenya
- Sector
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.
- Infrastructure
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund:
- DI Frontier Market Energy & Carbon Fund
- Fund Manager:
- Frontier Investment Management
- Start date
For direct investments, this is the date British International Investment committed capital to the business or project.
For funds, this is the date that British International Investment committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- September 2013
- Domicile
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
- Kenya