Ecofin Agency·7 min read

Botswana’s $4B Energy Partner Generated $47 Million of Operating Cash, Spent $298 Million in FY26

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Ecofin Agency
Botswana’s $4B Energy Partner Generated $47 Million of Operating Cash, Spent $298 Million in FY26
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email facebook linkedin twitter Whatsapp KPI Green Energy's audited FY26 consolidated accounts show ₹424 crore ($47 million) of net cash from operations against ₹2,682 crore ($298 million) spent on fixed assets and capital work in progress, while the company's expansion was financed largely through new borrowing The chief financial officer told analysts in August that annual interest could reach about ₹450 crore ($50 million) on roughly ₹5,000 crore of debt as the company's asset base expands, slightly above the operating cash generated in FY26 Management has estimated the 500 MW first phase in Botswana at ₹1,500–1,700 crore ($167–189 million) and said equity was available and lenders had shown interest KP Group has announced plans to invest about $4 billion in Botswana in nearly 5 GW of renewable generation, energy storage and transmission infrastructure, one of the largest energy investment commitments announced in the country.

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