KenGen today announced the official gazettement of its Green Energy Park in Olkaria as a Customs Controlled Area, marking a significant milestone that unlocks the Park’s full operational status as a Special Economic Zone (SEZ) and enables investors to access the customs and tax incentives provided under the SEZ framework.

The designation was granted to KenGen Energy Services (SEZ) Limited through Kenya Gazette Notice No. 8412, published by the Commissioner of Customs and Border Control on 5 June 2026 under the East African Community Customs Management Act, 2004. This milestone activates the tax incentives available to investors under the Special Economic Zones Act, 2015, transforming the Park into a fully operational industrial and investment ecosystem.

The Customs Controlled Area designation legally treats the KenGen Green Energy Park as a distinct customs jurisdiction. All goods entering, moving within, or exiting the zone are subject to clearly defined customs procedures, monitored entry and exit points, and regulated compliance systems. Customs stations, designated gates, bonded handling systems, and compliance mechanisms are now legally enforceable components of the park’s operations.

For investors and operators, this status unlocks tangible SEZ benefits that include streamlined import and export processes, duty and tax efficiencies on qualifying inputs, faster cargo clearance, and simplified regulatory oversight. In practical terms, it removes the regulatory uncertainty that often exists before full SEZ operationalization. 

Speaking during the announcement, KenGen Managing Director and CEO Eng. Peter Njenga described the gazettement as a major boost for the Green Energy Park and a key step in KenGen’s strategy to leverage its geothermal resources to catalyze industrial growth and support Kenya’s green industrialization agenda. 

“The gazettement of the KenGen Green Energy Park as a Customs Controlled Area is the operational key that turns our vision into reality. The designation under Kenya Gazette Notice No. 8412 unlocks the full SEZ investment framework at Olkaria, cementing the park’s position as Africa’s foremost geothermal-powered industrial hub,” said Eng Peter Njenga.

Eng. Njenga added “Global industries are increasingly seeking stable, low carbon production environments. The KenGen Green Energy Park offers exactly that, a single investable ecosystem where renewable energy, trade facilitation, and industrial policy converge,” said the CEO.  

The Park has already onboarded five investors across strategically significant sectors including data centres, green fertilizer production, electric mobility, steel fabrication, logistics, and manufacturing. Each investment is anchored by the availability of reliable, low carbon baseload power, underscoring KenGen’s strategic shift from electricity generation to enabling industrial development.

As the global transition to low carbon industrial production accelerates, the KenGen Green Energy Park stands as a model of how renewable energy, trade infrastructure, and industrial policy can converge to create a compelling investment destination. It also demonstrates that Kenya is ready to lead this transition.

The KenGen Green Energy Park in Olkaria, Naivasha, is a special economic zone designed to host energy-intensive industries that require access to clean geothermal power, water, and land. The Park offers investors a competitive package of green energy, infrastructure, and a conducive business environment, supporting Kenya’s Vision 2030 goals and the national industrialization agenda.

Reservoir levels across Kenya’s main hydropower dams remained within controlled operational thresholds, even as sustained rainfall continued to feed the country’s major catchment areas, according to an update from KenGen. 

The heavy inflows significantly boosted Kenya’s electricity supply, with hydropower producing a robust 9.57 million kilowatt-hours on May 4 to the national grid. 

Managing Director and CEO, Eng. Peter Njenga said all dams were operating within safe parameters, with controlled releases in place where necessary. The network of reservoirs, many of them along the Tana River cascade, is currently balancing two critical functions: generating low-cost electricity and moderating downstream water flows amid ongoing rains in the Mt. Kenya and Aberdare regions.

Summary Table of Seven Forks Dams Levels night of Monday, May 4, 2026: 

At Masinga, the country’s largest reservoir, water levels rose slightly above Full Supply Level (FSL) but within spillway design capacity, reaching 1,057.43 meters above sea level. Eng. Njenga said the water from Masinga was being discharged to the lower dams under tightly managed protocols, with both power-generating units functioning optimally. 

Other dams in the cascade remained within operational range. Kamburu, Gitaru, and Kindaruma all reported healthy generation across their units, while Kiambere, being marginally above its full supply level and actively managed.

Despite the high inflows, the KenGen CEO emphasized that there was “no cause for alarm,” noting that all systems are under continuous, around-the-clock supervision.

“Hydropower remains among the country’s most economical energy source, and the increased output may contribute to reduced reliance on thermal generation, a shift that could ease electricity costs for consumers,” said Eng. Njenga.  

Authorities, however, urged caution for communities living downstream, particularly along the Tana River. Residents in low-lying and flood-prone areas have been advised to avoid riverbanks and remain attentive to guidance from local officials as rainfall persists.

KenGen said it would continue issuing updates as conditions evolve, underscoring its commitment to managing water resources for both national power supply and public safety. 

  Kenyan households and businesses could benefit from lower power costs after Kenya Electricity Generating Company PLC (KenGen) reported strong water levels across its Seven Forks Dams and other hydro power stations across the country, lifting hydropower generation.

According to KenGen’s April dispatch reports, the company’s main hydros produced 11.7 million kilowatt-hours on April 28, above a projection of 10.95 million kilowatt-hours, with the Eastern Block generating the bulk of it at about 9.13 million kilowatt-hours against a projection of 8.05 million kilowatt-hours.

The company’s latest reservoir readings point to a hydro system operating at or near optimal levels. On April 28, Masinga stood at 1,056.54 meters, Kamburu at 1,006.07 meters, Gitaru at 923.69 meters, and Kindaruma at 780.28 meters, all above their minimum operating levels. 

“Strong reservoir levels averaging about 99% of operating capacity position us to continue maximising hydropower generation, the cheapest sources of electricity on Kenya’s grid. This gives the country greater flexibility to expand renewable supply while reducing reliance on more expensive thermal generation,” said KenGen Ag. Managing Director and CEO, Ahmed Issack.  

KenGen reiterated that maintaining strong hydro output helps moderate overall power costs, protect consumers and industry from price shocks, and reinforce grid stability.

At the same time, KenGen sought to calm concern among communities living downstream of the Seven Forks cascade, saying high dam levels do not mean unmanaged flooding risk. 

KenGen assured Kenyans that its engineers run a robust water management program designed to keep reservoirs within safe operating ranges, and that even when Masinga nears maximum levels, the company does not expect uncontrolled spilling so long as inflows remain manageable.

The April dispatch data supports that message of control rather than alarm. The daily reports repeatedly described the key hydro units as healthy, showed no broad pattern of emergency generation being required, and reflected steady performance across the cascade, culminating in one of the month’s strongest hydro output days on April 28.

“The combination of healthy reservoir levels, prudent water management and reliable hydropower generation enables us to sustain affordable, clean electricity for homes and businesses, while protecting downstream communities. Responsible water stewardship remains at the heart of both energy security and public safety,” said Mr. Issack. 

Close to 200 students from across Kenya have been equipped with critical skills in leadership, innovation, and career development through an intensive mentorship program by the KenGen Foundation, as the company
deepens its investment in youth empowerment and community development.

The week-long program, held at Pangani Girls High School under the theme “Ubunifu bila upeo” (Innovation without limits), brought together secondary school and university students sponsored by KenGen, including beneficiaries from KenGensupported communities from across different regions of the country.

Participants underwent structured mentorship sessions led by KenGen professionals and expert facilitators, focusing on personal development, career pathways, and practical life skills aimed at preparing them for a competitive and evolving job market.

The initiative highlights KenGen Foundation’s broader commitment to supporting education and building sustainable communities, particularly among populations impacted by its operations.

A key focus of this year’s program was strengthening engagement with all its sponsored students, underscoring KenGen’s continued effort to create shared value with host communities by investing in education and long-term opportunity.

Speaking during the closing ceremony, KenGen Managing Director and CEO Eng. Peter Njenga, who delivered a keynote address, emphasized the importance of nurturing talent early and equipping young people with the tools needed to drive innovation and national development.

The program culminated in the award of scholarship certificates to deserving students, alongside mentorship engagements with senior leadership, who encouraged students to pursue excellence and innovation.

Participants also took part in interactive discussions, regional breakaway sessions, and a talent showcase, providing a platform to build confidence, express creativity, and foster peer learning.

Since its inception, the KenGen mentorship program has supported hundreds of students, many of whom have progressed to higher education and professional careers at different organizations including KenGen, reflecting the long-term impact of sustained mentorship and educational support.

The impact of the KenGen Foundation’s education and mentorship support continues to manifest in strong academic and leadership outcomes, with over 90 per cent of sponsored students successfully transitioning from high school to university. Beyond academic progression, the students are actively engaged in leadership roles, volunteerism, entrepreneurship, and co‑curricular excellence, including debate and other competitive activities, at both secondary and university levels-underscoring the program’s focus on nurturing well‑rounded, socially conscious future leaders.

KenGen Foundation continues to play a critical role in shaping Kenya’s future workforce by investing in young people and strengthening community relations through targeted social initiatives.

 KenGen today announced the onboarding of its fourth investor at the KenGen Green Energy Park in Olkaria, Naivasha. Synergetic Development Group formally joined the Park following a signing ceremony held at the KenGen Geothermal Stage of the 2026 WRC Safari Rally in Olkaria, Naivasha. Under the agreement, Synergetic Development Group will utilize 18 MW of green energy, 10 acres of land, and 360 m³ of water per annum to set up an integrated logistics centre for steel products and a steel fabrication centre at the KenGen Green Energy Park.

The investment marks a significant step in KenGen’s strategy to leverage its geothermal resources to catalyze industrial growth and support Kenya’s green industrialization agenda. Speaking during the signing ceremony KenGen Managing Director and CEO Eng. Peter Njenga welcomed the investor to the green energy park as a sign of confidence in what the park offers. “The onboarding of Synergetic Development Group as our fourth investor at the KenGen Green Energy Park is a testament to the growing confidence that industry players have in our green energy offering.

KenGen is committed to providing reliable, competitively priced geothermal energy that powers not only homes but also industries, creating jobs and driving sustainable economic development in Kenya,” said Eng. Peter Njenga. KenGen’s Managing Director and CEO, Eng. Peter Njenga, further described the partnership as a “milestone in clean industrialization,” noting that geothermal power is the “bridge between Africa’s green energy potential and its manufacturing future.” He added that Kenya’s leadership in geothermal development, already ranked among the world’s top ten producers, gives it a unique advantage in pioneering low-carbon manufacturing models for the Global South. On his part the Synergetic Development Group CEO Stephen Kiarie said that his company coming to Olkaria is part their strategic plan to leverage green energy and delivering green products to Kenya and international markets. “With our expertise in project delivery in Kenya and across 14 countries in the region, we will hit the ground running to deliver this project on time and on budget,” said Stephen Kiarie. The addition of Synergetic Development Group brings the total number of investors at the KenGen Green Energy Park to four, reflecting strong momentum in positioning the facility as a preferred destination for green industrial investment in the East African region.

The steel logistics and fabrication centre are expected to create direct and indirect employment opportunities, support local supply chains, and contribute to the growth of Kenya’s manufacturing sector. The signing ceremony, held against the backdrop of the prestigious WRC Safari Rally, underscored KenGen’s commitment to showcasing its geothermal energy capabilities on an international stage. The Green Energy Park at Olkaria is designed to attract energy-intensive industries that can benefit from the Park’s access to clean, affordable, and stable geothermal power. The KenGen Green Energy Park in Olkaria, Naivasha is a special economic zone designed to host energy-intensive industries that require access to clean geothermal power, water, and land. The Park offers investors a competitive package of green energy, infrastructure, and a conducive business environment, supporting Kenya’s Vision 2030 goals and the national industrialization agenda.

Kenya Electricity Generating Company PLC (KenGen) has announced a sweeping series of strategic partnerships ahead of the 2026 WRC Safari Rally, cementing its position as one of Africa’s most forward-thinking corporate forces at the convergence of renewable energy, elite motorsport, and tourism. The landmark agreements were formalized during a high-profile signing ceremony at KenGen Headquarters in Nairobi, celebrated rally drivers Azeli Ishmael and Andrew Muiruri, alongside premier partners Enashipai Resort & Spa, Radio Africa Group, and Adequate Safaris. Speaking at the signing ceremony, KenGen Managing Director and CEO Eng. Peter Njenga said: “Building on the success of our last year’s partnerships, our 2026 WRC partnerships represent a significant expansion of KenGen’s green energy footprint across the continent and indeed the entire rally value chain, spanning sport, luxury hospitality, adventure tourism, and multimedia amplification.”

The KenGen CEO announced that KenGen was also supporting Queen Kalimpinya from Rwanda. “This partnership aligns with the Company’s business diversification agenda, particularly in advancing geothermal development and strengthening strategic presence across the African continent.”Eng. Njenga went on to say: “The WRC Safari Rally is more than a race, it is a global platform that showcases Kenya’s innovation, resilience and extraordinary natural beauty.

Today, we have deepened our commitment to this iconic event by partnering across the entire value chain: from drivers and world-class hospitality to media and immersive tourism.” Eng. Njenga emphasized that the partnerships are integral to KenGen’s broader sustainability mandate and its mission to accelerate Kenya’s socio-economic transformation through clean, responsible energy. “As Africa’s leading renewable energy company, we see the Safari Rally as a powerful stage to demonstrate that sustainable power can drive not only industries, but sport, enterprise and national pride.

KenGen is not just at the heart of this global spectacle, we are helping to define it.” In one of the most meaningful elements of the partnership portfolio, KenGen says it has formalized official sponsorships of Kenyan rally drivers Azeli Ishmael and Andrew Muiruri, an investment in homegrown motorsport talent. The sponsorship gives both drivers acompetitive platform on the world stage while signaling KenGen’s long-term commitment to youth empowerment and the development of Kenya’s next generation of sporting champions. During the same meeting, KenGen also signed partnerships with Enashipai Resort & Spa and Adequate Safaris to elevate rally hospitality and curate immersive tourism, showcasing the Rift Valley and its iconic geothermal spa experience. “As the countdown to the 2026 WRC Safari Rally begins, the partnerships we sign today will redefine our company’s identity, beyond just power generation, to positioning KenGen as a key strategic national champion at the intersection of sustainable energy, international sport, tourism development, and youth empowerment.” With geothermal steam rising from Olkaria’s fields and rally engines roaring through the Rift Valley, KenGen is sending a clear message to the world that Kenya’s clean energy future is here, and it is spectacular.

KenGen Shareholders Back Governance Overhaul Aimed at Reassuring Investors Nairobi, Thursday, February 12, 2026: Shareholders of Kenya Electricity GeneratingCompany PLC (KenGen) today approved changes to the company’s governance framework in a move aimed at strengthening board independence and minority shareholder protections, as the state-backed utility seeks to bolster investor confidence. The resolution was approved at a duly convened Extraordinary General Meeting held virtually, as private investors increasingly assert influence over long-term capital allocation and governance discipline within Kenya’s listed state-controlled entities.

Kenya Electricity Generating Company PLC (KenGen), which supplies over 60% of the country’s electricity, affirmed that the approved amendments do not dilute or alter the Government of Kenya’s ownership stake. Instead, executives framed the reforms as a structural upgrade intended to align the company with international governance standards for publicly listed firms with dominant state shareholders.“These changes are about predictability and trust,” the company’s chairman, Hon. Alfred Agoi, said after the meeting. “They strengthen independence at board level while preserving the government’s position as majority shareholder,” he added.

At the core of the overhaul is a revised board structure that expands the role of independent directors. Also under the new framework, independent directors must step down if they assume political office or become employees of government or stateowned entities, provisions designed to limit political exposure and perceived governance risk. For minority investors, the most consequential change is the introduction of a ringfenced voting mechanism that allows non-state shareholders to elect independent directors without participation from the majority shareholder. Managing Director and CEO, Eng. Peter Njenga said the reforms were intended to support disciplined capital allocation and operational performance. “Strong governance lowers risk premiums,” he said. “That matters when you are financing large-scale energy infrastructure over decades as we plan to do between now and 2034.” The governance reset comes as KenGen continues to execute capital-intensive investments in geothermal, hydro, nuclear, solar, and wind power, projects that require long-term funding visibility and stable policy backing.

The Government’s proposed High Grand Falls Hydropower Project is gaining momentum after the Cabinet Secretary for Energy and Petroleum, Hon. Opiyo Wandayi, joined Kenya Electricity Generating Company PLC (KenGen) leadership for an inspection tour of the proposed 700-megawatt site and the wider Seven Forks Cascade.

KenGen said the project is expected to significantly strengthen Kenya’s long-term electricity supply while delivering a major additional public benefit through enhanced flood control downstream of the Seven Forks system. The company noted that the development is aligned with Kenya’s drive to grow affordable, clean generation capacity to support industrial expansion and broader economic growth.

KenGen Managing Director and CEO, Eng. Peter Njenga, described the High Grand Falls initiative as a strategic national investment and thanked the Government for entrusting KenGen with implementation. “Today marks the beginning of an important and transformative journey,” said Eng. Njenga. “I wish to thank the Government of Kenya, through our parent Ministry, for the confidence placed in KenGen and for the continued support extended to our mandate.”

During the visit, CS Wandayi commended KenGen’s management of hydropower resources and its readiness to maintain stable supply even as the country experiences reduced inflows into major reservoirs following below-average rainfall in key catchment areas. “I am impressed by KenGen’s professional approach to water resource management and their commitment to ensuring uninterrupted electricity supply to the country,” said Hon. Wandayi.

During the tour, KenGen provided a status update indicating that, as of Wednesday, January 21, 2026, Masinga Dam was measured at 1,053.04 meters above sea level, which is 3.04 meters below full capacity of 1,056.5 masl and above the minimum operating level of 1,037 masl. The company confirmed that all Seven Forks hydropower plants remain structurally sound and operationally healthy, continuing to contribute optimally to the national grid.

Eng. Njenga reiterated that hydropower remains Kenya’s lowest-cost source of electricity and said its prudent deployment has supported tariff stability, even during periods of reduced rainfall. He added that KenGen’s wider generation fleet, including geothermal, wind, thermal stations and other hydropower plants across the country, continues to operate optimally and contribute reliably to the national electricity supply.

KenGen reaffirmed its commitment to delivering affordable, clean and reliable electricity in support of Kenya’s development aspirations.

Nairobi, Monday, December 8, 2025: 

Kenyan households and businesses are primed for relief this festive season as strong hydropower output stabilises electricity supply and eases pressure on power bills, offering a much-needed boost to consumers and industry alike.

This comes after Kenya Electricity Generating Company PLC (KenGen) announced that its Seven Forks hydro cascade is generating robust output, providing the country with abundant low-cost renewable electricity at a time when global energy prices remain volatile.

KenGen Managing Director and CEO, Eng. Peter Njenga said the company reported steady hydropower generation across the Seven Forks cascade, reinforcing its role as the anchor of Kenya’s electricity stability at a time when affordable energy is increasingly central to economic resilience.

“As of the morning of December 8, total hydro generation from the system stood at 473.14MW against an installed capacity of 600.4MW,” said Eng. Njenga, adding that Kenyans can expect stable supply during the festive season into the new year, reinforcing Kenya’s energy security at a time of increased demand.

Current dam level readings indicate that KenGen’s major water reservoirs are operating safely within optimal ranges. Kenya’s largest hydropower dam, Masinga, recorded 1,054.49 meters against a maximum of 1,056.50 and a minimum operational level of 1,037 meters.

Similarly, KenGen reported that Kamburu stood at 1,005.04 meters, Gitaru at 923.18 meters, Kindaruma at 780.05 meters, and Kiambere at 697.44 meters, all comfortably above their respective minimum operating levels.

“These healthy reservoir levels signal sustained generation capacity across the cascade thanks to our robust water management program that ensure we deliver power output even during low rains seasons,” said Eng. Njenga.

The performance demonstrates KenGen’s continued ability to deliver low-cost, dependable power into the national grid. Hydropower remains the country’s cheapest source of electricity, and the company said that maintaining strong generation allows it to moderate overall power costs and reduce reliance on more expensive thermal power, ultimately protecting consumers and industry from price shocks.

“Hydro generation is not only the backbone of Kenya’s energy affordability, but also a stabilizer of national supply and a critical pillar of our renewable generation mix. The strong performance of our dams reflects sound planning, disciplined resource management, and a long-term view of national energy security,” said Eng. Njenga.

KenGen said it will continue to invest in watershed conservation, reforestation around key catchment areas and climate-resilience initiatives designed to secure long-term water sustainability for the good of all Kenyans.

“As the world grapples with climate volatility and rising energy prices, Kenya stands out,” said Eng. Njenga adding, “KenGen is ensuring stability today, while building a clean-energy future that is environmentally secure and economically competitive. We are strengthening reliability and reinforcing Kenya’s position as a renewable powerhouse.”

The company reaffirmed its commitment to continued capital investment in renewable assets, digital plant optimization and green-energy expansion initiatives. With the Seven Forks performing strongly and demand expected to grow alongside economic activity, KenGen said it anticipates sustained momentum into the coming months.

 Kenya Electricity Generating Company PLC (KenGen), East Africa’s largest power producer, approved a higher dividend on Thursday after reporting a year of strong earnings and operational gains. At the company’s 73rd Annual General Meeting in Nairobi, shareholders endorsed a first and final dividend of Ksh.0.90 per ordinary share for the financial year ended June 30, up from Ksh.0.65 last year. The increase follows a 54% rise in profit after tax, to Ksh.10.48 billion, driven by cost reductions, expanded revenue streams and an improved foreign exchange position.

KenGen’s chairman, Hon. Alfred Agoi, said the payout reflects confidence in the company’s financial fundamentals and long-term strategy.“This dividend uplift is not only a reflection of strong financial results but a reaffirmation of KenGen’s commitment to delivering value to shareholders,” Hon. Agoi said. “We are optimizing efficiency, diversifying revenue sources and unlocking new growth opportunities in the region. Our goal is to secure long-term returns while driving Kenya’s clean energy transition.”Kenya’s broader economic environment remained resilient through 2024-25, with steady growth in agriculture and industry and rising electricity demand. National power consumption reached record highs in November, as peak demand climbed to2,418.77MW and energy dispatch hit 44,555.80MWH (megawatt-hours),underscoring increased industrial activity.

KenGen continued to anchor the national grid, supplying roughly 60% of the country’s electricity. The company’s installed capacity stands at 1,786MW, which generated 8,482GWh over the past financial year.Revenue held steady at Ksh.56.1 billion, while income from diversified activities surged 235%, buoyed by geothermal consultancy contracts in Eswatini and expanded regional work. Operating costs declined 11% to Ksh.35.1 billion as the company tightened cost controls and improved operational efficiency. KenGen also recorded net foreign exchange and fair value gains of Ksh.1.45 billion, compared with a loss of Ksh.722 million the previous year, aided by a more favorable currency environment. Finance costs fell following loan repayments, reinforcing KenGen’s shift toward a lower-debt balance sheet. Eng. Peter Njenga, the Managing Director and CEO, said the results reflect continued execution of the company’s strategic priorities.

“Our financial performance reflects our positioning as a regional renewable energy leader,” Eng. Njenga said. “We have strengthened efficiency, widened our geothermal consultancy footprint and accelerated delivery of new generation capacity both locally and across the region.”KenGen is advancing its long-term G2G 2034 Strategy, which targets 1,500 megawatts of new renewable capacity and 500MWh of energy storage to support Kenya’s energy security and low-carbon industrialization goals.The company is in discussions to participate in the proposed 700MWh High Grand Falls hydropower project and is exploring storage solutions, including battery energy storage systems and pumped hydro. Regionally, KenGen is expanding its geothermal consultancy portfolio, with active or emerging projects in Ethiopia, Djibouti, Eswatini, Ngozi and Bhutan. A partnership with Toshiba ESS aims to scale geothermal operations and maintenance services in developing markets.

KenGen’s Geothermal Training Centre continues to train specialists from Africa and Asia, bolstering Kenya’s role as a global hub for geothermal expertise. The company enters 2026 with a near-term project pipeline of 252MW, including the 63MW Olkaria I Rehabilitation, the 42.5MW Seven Forks Solar project and the expansion of the 8.6MW Gogo Power plant in Migori county. These developments are expected to strengthen grid reliability, support industrial expansion and accelerate Kenya’s transition to fully renewable power.

“Our investment priorities will continue to deliver sustainable energy, create value for shareholders and support Kenya’s industrial transformation,” Mr. Njenga said.