|Fund||Frontier Energy II|
|Participation||Co-Developer and lead equity|
|Expected CO2 emission reductions||25,000 tCOeq/annum|
|State of development||Late stage/early construction|
Nithi project is a 5.0 MW run-of-river hydro power plant utilizing the hydro power potential of the river Nithi as it drops 250m in a series of rapids near Chuka on the eastern slopes of Mt. Kenya in Kenya. The project will be connected to the national grid. The project is in late stage development.
DI Frontier Market Energy & Carbon Fund is the sole shareholder in the project company, Nithi Hydro Power Ltd., with a view to manage the entire project development and provide equity for the construction of the project.