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KenGenKenya
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KenGenKenya

http://www.kengen.co.ke/
Last activity: 19.03.2024
Active
Categories: AfricaTechEnergyTechExchangeGovTechManagementPublic
The history of KenGen date back to February 1, 1954 when the company was incorporated under the Companies Act (Chapter 486 of the Laws of Kenya) as Kenya Power Company
(KPC) to construct the transmission line between Nairobi and Tororo in Uganda as well as to develop geothermal and other generating
facilities in the country.

Since its inception, KPC sold electricity in bulk at cost to Kenya Power under a management contract.

Following reforms in the energy sector reforms in 1996, the management
of KPC was formally separated from Kenya Power and renamed KenGen in January 1997.

In 2006, KenGen was listed on the Nairobi
Securities Exchange after the Government of Kenya sold 30% of its stake in the company through one of Kenya's most successful Initial Public Offer (IPO).

KenGen owns thirty (30) power generating plants spread across the beautiful land of Kenya with a combined installed capacity of 1,818MW from diverse generation
modes comprising mainly geothermal, hydro, and wind energy sources.
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Website visits
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Mentions
5

Overview

Location
Kenya, Nairobi
Employees
1001-5000
Phone
+254 711 036000
Founded date
1954

Mentions in press and media 5

DateTitleDescription
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Oct 31, 2013KenGen Seeks $5.5bn Investment To Double Electricity GenerationKenyan state-owned energy provider, KenGen, is seeking to attract Sh467 billion ($5.5 billion) in equity and debt investment to double electricity generation in the next 5 years, with strategic investors reportedly on the company’s radar. K...
Sep 27, 2012Kengen Calls For 560 MW Geothermal Power Plant BidsKengen has opened bidding for the construction of geothermal power plants in the Great Rift Valley, in an initiative to achieve production of 585 megawatts (MW) of power through geothermal operations by 2016. The competition, advertised in ...
Feb 12, 2010Kenya turns to geothermal with new $1.3B, international aidKenya is getting ready to spend $1.3 billion on geothermal energy development. While the country has more than 22 years of experience using the Earth’s natural heat to generate technology, this new project is expected to produce 280 megawat...
Feb 12, 2010Kenya turns to geothermal with new $1.3B, international aidWe are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Kenya is getting ready to spend $1.3 billion on g...

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FAQ about KenGenKenya

When was KenGenKenya founded?

KenGenKenya was founded in 1954.

What has the press written about KenGenKenya?

Parsers VC has collected 5 articles mentioning KenGenKenya, among them “KenGen Seeks $5.5bn Investment To Double Electricity Generation” (Oct 31, 2013) and “Kengen Calls For 560 MW Geothermal Power Plant Bids” (Sep 27, 2012).

Is KenGenKenya still active?

Yes, KenGenKenya is active; its latest activity on Parsers VC dates from Mar 19, 2024.