|Fund||DI Frontier Market Energy & Carbon Fund K/S (Fund 1)|
|Participation||Co-Developer and lead equity|
|Type||Off grid hydrid systems|
|Capacity||70MW (multiple sites)|
|Expected CO2 emission reductions||270,000 tCOeq/annum|
|State of development||Exploration/early construction|
Akiira Geothermal project is a 140 MW geothermal power project developed in two phases of 70 MW utilizing the steam resources in the Kenyan Rift Valley. The project is located south west of Naivasha, Kenya. The project will be connected to the Kenyan national grid. The project is in early construction/exploration drilling phase.
DI Frontier Market Energy & Carbon Fund is substantial shareholder in the project company, Akiira Geothermal Ltd., with a view to contribute to the development and provide equity for the construction of the project.