Cluff Geothermal Shortlisted for Menegai Power Plant Development

1st August 2011

Cluff Geothermal Ltd (‘CGL’) advises that, as part of a consortium, it has been shortlisted from 26 groups who submitted an Expression of Interest to develop 4 x 100 MW power plants at Menengai Geothermal Prospect in Kenya’s Great Rift Valley. The consortium includes Mitsubishi, Mannvitt and TransCentury and will prepare a detailed submission for an RFP to be provided by the Geothermal Development Company (‘GDC’).

Drilling at the Menengai resource has been confirmed at 3 wells each with 6-10 MW. Pending submissions for the RFP an award will be issued to 4 different consortiums to build the power plants over the next 36 months.

Cluff Geothermal’s Managing Director, Mr George Percy said the steam off take agreement is consistent with a Public Private Alliance that can develop resources in emerging markets.

“Cluff Geothermal has been analyzing resources in Kenya since Q2 2010 and the progress at Menengai is precisely what is needed to help provide additional baseload energy at affordable prices for the Kenyan public,” Mr Percy said.

Menengai is a deep geothermal resource set in a vast caldera 150 km from Nairobi. CGL have considerable experience in East Africa and alongside their strategic partnerships with Icelandic Geothermal consultancies, deep rooted technical support for such volcanic projects.

East Africa has a potential resource in excess of 14,000 MW but only 190 MW of installed geothermal power.

CGL is a geothermal prospecting exploration and development company based in London with considerable technical background and fundraising credentials.