The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The UK-based private equity fund Actis has acquired a heavy fuel-fired power plant located in Thika as it deepens its portfolio of investments in Kenya’s energy sector.
Through its affiliate Azura Power, the firm said it is now in the process of transferring the generation licences held by the previous owners of Thika Power Limited following the conclusion of the deal.
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