The Johannesburg Securities Exchange (JSE)-listed AEP Energy will convert the two diesel-fired Nairobi power plants it’s acquiring from Iberafrica to gas-fired generators whose electricity is cleaner and cheaper, the company said. The South African giant is buying out Spanish company Naturgy Energy Group, which held 100 per cent shareholding in the Iberafrica diesel plants located in Nairobi South. Iberafrica, like other power producers in the country including KenGen, sells electricity in bulk to Kenya Power which in turn retails to homes and businesses. The diesel-to-gas engine conversion plan comes as Kenya places priority on low-cost green electricity while cutting reliance on expensive diesel generated power. Diesel plants emit greenhouse gases, making them environmentallyunfriendly.

Source: The North Africa Journal March 13, 2019 16:52 UTC