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PROJECT: Geothermal development drilling risk finance innovation in Kenya and Ethiopia

Project Reference: AAGL-0047a

Geothermal developers, particularly in the early stages of developing a field, face high costs for field development coupled with high risks associated with resource exploration and development / appraisal drilling. The cost of early phase development in the Kenya and Ethiopia typically ranges from around 50 to 100 million USD for a medium size development (130 MW). [more...]