Kenyan wind power project cancelled due to land disputes

A $144 million Kenyan wind power project backed by a joint venture between Macquarie Group and Old Mutual Investment Group has been cancelled due to opposition from local landowners and farmers, developer Kinangop Wind Park said on Tuesday. "Due to the consequent material delay, project funds have been depleted and the project can no longer be completed by the shareholders," it said. Its failure is a setback for the East African nation's drive to increase its power generation capacity by 5,000 M