RicherFin · Sovereign Projects

Liquefied Natural Gas Fired Power Plant at Dongo Kundu — Kenya

Kenya · Dongo Kundu · Mombasa · Energy

Overview

The Government of Kenya is preparing a liquefied-natural-gas-fired power plant at Dongo Kundu in Mombasa. The project under study provides for final capacity of up to 1,200 MW, developed in phases, together with the infrastructure required to import and deliver LNG.

The project is being considered as a public-private partnership under a potential Build, Own and Operate or Build, Own, Operate and Transfer structure. The scope under study includes the generating plant, LNG-import infrastructure potentially incorporating a floating storage and regasification unit, marine facilities and associated pipelines.

The Project Concept Note was approved in March 2026, allowing the project to move to feasibility study. A competitive process was then launched to recruit a transaction adviser to update the feasibility study, review PPP structuring and support preparation through financial close. The PPP Directorate now marks that procurement process as closed.

Key project information

Official name
Liquefied Natural Gas Fired Power Plant at Dongo Kundu
Status
Preparation / feasibility study
Current phase
Project structuring and feasibility-study preparation
Country
Kenya
Location
Dongo Kundu · Mombasa
Sector
Energy
Sub-sector
Liquefied-natural-gas power generation
Project structure
Proposed PPP · BOO or BOOT
RicherFin project ID
0119312c-8bcd-4264-a902-ca0a0539b3c8
Planned capacity
Up to 1,200 MW
Estimated project cost
Not published in the verified institutional documents
Initial approval
March 2026 · Project Concept Note
Expected completion
Not documented

Financing

The project is proposed as a PPP, but the verified public institutional sources do not yet publish an official investment cost for the current project, debt or equity amounts, secured financing or a definitive financing requirement.

Financial structuring forms part of the transaction adviser's mandate. The terms of reference include updating the feasibility study, examining possible project structures and supporting preparation through financial close.

Financing structure
PPP · final structure to be determined
Financial close
Not reached / not documented
Financing status
Structuring in progress