BlackRock’s CFP fund acquires stake in 310 MW wind farm in Kenya

Climate Finance Partnership (CFP), a BlackRock Alternatives-managed fund, has acquired a 31.25 per cent stake in Lake Turkana Wind Power, a 310 MW wind project in Kenya. For an undisclosed sum, the stake was bought from Vestas, Finnfund, and the Investment Fund for Developing Countries. According to a regulatory filing published in Kenyan press, the Lake Turkana Wind Power project is located in Kenya’s far north region and is equipped with 365 wind turbines.

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