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Standard Bank has confirmed that it will not fund the proposed Lamu coal-fired power plant

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Dodgy Deals

By: BankTrack
2017

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Protest against the Lamu coal power plant in November 2015. Photo: Maarufu Mohamed/Standard via Sourcewatch (BY-NC-SA 4.0)

South Africa’s Standard Bank has confirmed it will not fund the proposed Lamu coal-fired power plant in Kenya. This comes despite earlier reports that it was a major project funder, as included in the bank’s annual report of 2015 (350 Africa).

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Standard Bank South Africa

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Lamu coal power project Kenya

energy plants - coal

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