July 11th, 2017 …The Energy Regulatory Authority (ERC) will undertake a study to help address existing constraints in the supply of local financing to infrastructure projects in the energy sector.
The 3 months study is funded by the technical assistance facility of the Private Infrastructure Development Group (PIDG) to the tune of Kshs 20 million. The project will be implemented by GuarantCo, which is part of the PIDG. GuarantCo was established to support the development of local financial markets in low income countries.
ERC’s Acting Director General Pavel Robert Oimeke said the study was in line with the commissions objective is to ensure adequate, quality, cost effective and affordable supply of energy through indigenous resources.