We are pleased to announce that 9 projects qualified for grant award in the GRMF 4th AR (4 Surface Studies and 5 Drilling Programmes).

Please find further information about the qualified project in the following table:

No.

Name of Bidder

Country of Bidder

Project Name

Activity

1

Reykjavik Geothermal ehf (RG) Ethiopia Abaya Surface Study

2

Maralal Energy Ltd. Kenya Chepchuk Surface Study

3

Arus Energy Ltd. Kenya Arus Surface Study

4

Capital Power Ltd. Kenya Homa Hills Surface Study

5

Ethiopia Electric Power (EEP) Ethiopia Alalobeda Drilling Programme

6

OrPower 12 Inc. Ethiopia Wondo Ganet Drilling Programme

7

OrPower 12 Inc. Ethiopia Boku Drilling Programme

8

OrPower 12 Inc. Ethiopia Daguna Fango Drilling Programme

9

Tanzania Geothermal Development Company Ltd. (TGDC) Tanzania Ngozi Drilling Programme

The cumulative GRMF financial support – including potential continuation premium, for all qualified applications of the 4th AR amounts to approximately USD 28.8 million.

The respective qualification and rejection letters were already sent to all projects that submitted applications.

With best regards,

Your GRMF Team