Client:

Olsuswa Energy Limited

Country:

Kenya

Year:

2015

Description:

Olsuswa Energy Ltd., a developer of geothermal energy projects in Kenya, has secured the concession to exploit the geothermal energy resource at the Barrier Prospect in northern Kenya near the Lake Turkana region. Olsuswa Energy was established with investment support from Frontier Investments of Denmark. In 2015, Frontier retained GreenMax to secure concessional funding from various sources to support project development, including a USD 1M grant from the Geothermal Risk Mitigation Facility to conduct surface studies in the Barrier prospect, which is at early greenfield stage of development.