Kenya’s Triumph Power signs debt package for power plant

Region:

Middle East & Africa

Jonathan Bell

Editor-in-chief

Standard Bank and the Industrial and Commercial Bank of China (ICBC) have signed a $108 million debt financing package with Triumph Power generating Company Kenya for the construction of an 83MW heavy fuel oil plant in the East African nation. The project has also secured bespoke political risk guarantees from the World Bank's Multilateral Investment Guarantee Agency (MIGA).

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Video

13 January 2026

Dealmakers: Silvia Gavornikova, OECD

TXF spoke with Silvia Gavornikova, head of export credit and competition at the OECD, to outline the slight uptick in overall support by ECAs under the Arrangement, as well as...

Strategic insight: Turning up the dial on export finance with JP Morgan’s Galvin

Interview

16 January 2026

Strategic insight: Turning up the dial on export finance...

Laura Galvin, JP Morgan’s new head of export and agency finance, talks to TXF about her priorities in a changing market, particularly amid the bank’s own $1.5 trillion...

Must See

Vulcan lithium: DFIs and ECAs combine for critical minerals

Perspective

09 January 2026

Vulcan lithium: DFIs and ECAs combine for critical minerals

The EIB is anchoring another major DFI-ECA package for a major European energy transition project. Can it succeed where earlier complex mega-projects have struggled?

Video

13 January 2026

Dealmakers: Silvia Gavornikova, OECD

TXF spoke with Silvia Gavornikova, head of export credit and competition at the OECD, to outline the slight uptick in overall support by ECAs under the Arrangement, as well as updates to good governance guidelines such as anti-bribery measures for export credits.

Interview

16 January 2026

Strategic insight: Turning up the dial on export finance with JP Morgan’s Galvin

Laura Galvin, JP Morgan’s new head of export and agency finance, talks to TXF about her priorities in a changing market, particularly amid the bank’s own $1.5 trillion security and resilience investment initiative, and highlights the prospects for working with MDBs to mobilise private capital.