Country
Kenya
Sector
Energy
Intelligence Type
Corporate
Status / Stage
Expanding
Confidence
Confirmed
Latest Development
KenGen generates ~75% of Kenya’s electricity — primarily geothermal (Olkaria, Africa’s largest geothermal field, 863MW) and hydro. Phase VI (105MW) is under construction. KenGen also exports geothermal expertise to Rwanda, Djibouti, Togo and Ethiopia.
Company Profile
Company TypeSoe
HeadquartersNairobi, Kenya
Countries of OperationKenya; geothermal advisory exports to Rwanda, Djibouti, Togo, Ethiopia
Founded1954
Websitekengen.co.ke
Parent CompanyGovernment of Kenya (70%)
Key ExecutivesPeter Njenga (MD & CEO)
Employees~3,000
Revenue~$350m (2024)
Key Developments
Olkaria Phase VI (105MW) under construction. Ethiopia-Kenya interconnection (Phase 1, 400MW) operational — KenGen purchasing Ethiopian hydro. Geothermal advisory contracts across Africa.
Key Risks
Kenya Power financial distress (main offtaker) creates payment risk. Hydro affected by rainfall variability.
What Happens Next
Olkaria Phase VI completion and potential Djibouti geothermal development mandate.
Commercial Opportunity Intelligence
Opportunity SignalAfrica's leading geothermal company — expanding its expertise model continent-wide.
Commercial ReadinessCommercially Active
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)KenGen annual report 2025; JICA Kenya geothermal
Source Date2024–2026