Akiira Geothermal Limited (AGL), is an electric energy generating company in Kenya. The company owns and will build and operate Akiira One Geothermal Power Station, a proposed 70 MW, power station in Kenya.[1]
Overview
AGL is a special purpose vehicle formed by the consortium that owns, will design, build and operate Akiira One Geothermal Power Station, scheduled to come online in 2018. In 2014, the company received a US$950,000 grant from OPIC to offset some of the drilling expenses.[2] In March 2016, AGL accepted a grant of KSh138.9 million (approx. US$1.4 million), from the African Union Commission, to mitigate some of the costs of drilling the geothermal wells for the power station, that is on-going since August 2015.[3][4]