Solar Project By U.S Power Firm To Be Set Up At Juja City Mall

A power company based in the United States with operations  in Kenya  has thrown forward  a rooftop solar project at  Juja City Mall.

Centennial Generating Company Limited stated that  the project, being their eighteenth inexhaustible energy project, is set to  lower power costs for small businesses at the shopping center  alongside enhancing  the certainty  of power supply and lowering the environmental range of their operations.

“We are excited for Juja City Mall to be our first investment under Centennial’s new C9 Fund and for the company to join the community of the many commercial and industrial businesses across several countries on the African continent that has partnered with Centennial over nearly a decade,” said Mr. David John Frenkil, the Founder and Managing Director of Centennial.

Juja City Mall will not incur any capital expenses as the project is fully financed through Centennial’s C9 Fund.

“Our management welcomes this project because every kilowatt-hour generated from the solar project is building new equity for our company, as ownership of the solar project will be transferred from C9 Fund to Juja City Mall at the end of the contract’s term,” said Mr. James Gachiri the managing director of Juja City Mall.

Mr. Gachiri added that the project would help them meet their sustainability goals.

“With Centennial’s solar project, Juja City Mall’s power supply is now an investment, not a sunk cost,” said Mr. Gachiri.

C9 Fund’s upcoming projects include SMEs working across numerous sectors, including manufacturing, healthcare, logistics, commercial real estate, hospitality and education.

Juja City Mall is a multi-use facility, 220,000 square feet comprising an 80-room hotel, a school, and medical facilities, located just 20 minutes from Nairobi’s city center. The mall houses businesses such as Naivas Supermarket, Total, and Bata among others.

Centennial main objective is capitalizing solar and battery storage projects for minor and medium-sized enterprises.