Nocart confirms 35 MW waste-to-energy plant deal in Kenya

Nocart’s 35 MW waste-to-energy plant deal in Kenya has been confirmed.

Nocart has previously signed a sales contract for the delivery of a waste-to-energy plant but the advancement of the project has been awaiting completion of the buyer’s permitting processes and PPA-contract process. The purchase price of the plant is 62 MEUR. In addition, Nocart is involved in the project as a co-owner (35%) of the founded IPP (Independent Power Producer) power plant company. The IPP company has a 20-year contract for selling electricity to Kenya’s national grid.

 For more information about this news from Nocart, please follow this link to their press release here.

Contact information:

Joshua Burguete-Kirkman, Communications Director of Loudspring Plc. Tel. +46 70968 5584, joshua.kirkman@loudspring.earth

Loudspring in brief

Loudspring is a company group focused on saving natural resources, with offices in the Nordics and California. The Loudspring companies are active on global markets in five sectors: energy, real estate, fashion, food and manufacturing. Loudspring management consists of company builders combining positive environmental impact with business for over a decade.

The company group is listed on First North Finland under the ticker LOUD and on First North Stockholm under the ticker LOUDS.

www.loudspring.earth

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GROWING REVENUES WHILE SAVING NATURAL RESOURCES We operate on markets undergoing a revolution due to competition for resources, infrastructure overload, socio-economic change and decreasing cost of key technologies. Our companies are high impact, capital light, and scalable. We share their journey to success and try to help accelerate it.

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