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

Perspective

27 November 2025

TXF Dealmakers 2025: Top takeaways

The main themes - including decarbonisation and political volatility - have been echoed in TXF’s earlier events. But the sense of urgency about transformations to economies...

A benchmark in ECA shopping line credits

Perspective

01 December 2025

A benchmark in ECA shopping line credits

Euler Hermes’ inaugural shopping line credit under the German government’s new framework heralds a new era in German export finance. The bespoke solution — originated,...

Must See

Video

29 October 2025

10 mins with: PuiYin Tham, Marubeni

TXF spoke with PuiYin Tham, vice president of business development at Marubeni to outline the benefits of taking the ECA funding route and how the Japanese developer’s deal pipeline is shaping up in the APAC region.

Perspective

27 November 2025

TXF Dealmakers 2025: Top takeaways

The main themes - including decarbonisation and political volatility - have been echoed in TXF’s earlier events. But the sense of urgency about transformations to economies and workforces is clear - and ECAs are starting to respond.

Perspective

01 December 2025

A benchmark in ECA shopping line credits

Euler Hermes’ inaugural shopping line credit under the German government’s new framework heralds a new era in German export finance. The bespoke solution — originated, structured and delivered by Santander CIB — is a boon for borrowers looking for a diverse funding mix, flexible use of proceeds and the ability to tap a multitude of exporters.