IFC
will
make
the
investment
in
conjunction
with
UK-based
Aldwych
International
and
Tanzanian
telecoms
provider
Six
Telecoms.
The
total
project
cost
for
the
wind
farm
is
estimated
at
$285m,
of
which
the
IFC
and
its
partners
will
contribute
$18m
during
the
development
phase
and
$71m
in
total
equity.
The
project,
being
developed
by
Kenyan
renewable
group
Wind
East
Africa,
is
located
700km
from
Dar
es
Salaam.
The
wind
farm
will
help
diversify
Tanzania’s
electricity
supply
away
from
hydropower.
It
will
be
owned
by
Wind
East
Africa
and
operated
by
a
management
company…
