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Glasgow, Wednesday, 3rd November, 2021: Kenya Electricity Generating Company (KenGen) Managing Director and CEO, Rebecca Miano, says the company is accelerating deployment of renewable energy to combat the adverse effects of climate change.

Speaking during a panel discussion under the theme, Accelerating Clean Technology Innovation and Deployment at the COP26 World Leaders Summit in Glasgow, Scotland, Miano said KenGen is committed to the fight against climate change and is supporting the Government of Kenya’s ambition to achieve 100 per cent utilization of renewable energy by 2030.

“Our future project pipeline, which is mostly green, includes geothermal, wind, solar and some hydro. The projects will be implemented in phases with the first expected to be commissioned by end of this year,” said Miano.

Key dignitaries who were in attendance during the panel discussion included, President Uhuru Kenyatta, United States of America President, Joe Biden, UK Prime Minister, Boris Johnson, India’s Prime Minister Narendra Modi, among other Presidents and world leaders including The Duke of Cambridge Prince William and Microsoft co-founder and billionaire Philanthropist, Bill Gates.

The KenGen CEO reaffirmed the company’s commitment to the Caring for Climate Working Group of the United Nations Global Compact (UNGC) in a bid to refocus the company’s business towards sustainability.

KenGen joined UNGC’s Business Ambition for 1.5°C Campaign, saying it is banking its future on green, affordable and accessible energy, including geothermal, hydro, wind, and solar.

The KenGen MD and CEO, who is a Board Member of the Global Compact Network Kenya (GCNK), said the company is enhancing its partnership with other key actors to make clean technologies the most affordable, attractive and accessible option for users.

“There is an urgent need to focus on renewable energy to meet our energy needs. AfDB estimates Africa’s electricity access rate at about 40% with over 645 million people with no access to electricity,” said Miano.

She said KenGen had also explored several opportunities with Non-State Actors including financial Markets and has over the years raised funds for green energy projects through various financial instruments such as infrastructure bond and Rights Issue.

“We also work with technology providers for innovative clean energy solutions including sizing of power plants, geothermal reservoir modelling and automation of operations and maintenance of our power plants through Internet of things,” said Miano.

She said KenGen had made inroads in working with other countries to help fast-track the adoption of green energy as a way of accelerating sustainable development while at the same time combating climate change.

“I am happy to confirm that we are already sharing our expertise and skills in accelerating clean energy innovation deployment, more so in geothermal development,” Miano said adding, “Indeed, in Africa we have a golden chance to go green early enough when the opportunity for growth is still rife. Through partnerships, which is SDG 17, we make the world habitat a better place for present and future generations.”

KenGen PLC is East Africa’s largest electricity producer and is among the top 10 geothermal energy producers in the world.

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Note to Editor:

About KenGen

Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region, with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.

Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources, namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (26MW).

For media queries please contact:

Frank D. Ochieng Tel:0721816896

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Nairobi, Saturday, 30th October 2021: Kenya Electricity Generating Company PLC (KenGen) has released its full year Financial Results for the financial year ended 30th June 2021 reporting a 7% Profit Before Tax increase from Ksh.13.79 billion to Ksh.14.76 billion.

Additionally, the NSE-listed firm has recommended a dividend pay-out Ksh.0.30 per share which amounts to Ksh.1.98 billion to be paid to all its shareholders.

Announcing the results, KenGen Managing Director and CEO, Rebecca Miano said the profit growth was achieved on the back of continued revenue growth underpinned by the company’s diversification strategy.

Mrs. Miano said, “In spite of the challenging times, KenGen remained strong recording a steady performance and demonstrating sound financial position which reaffirms the company’s promise and commitment to continual business growth and maximization of shareholder value.”

“Revenue increased by 4.06% from Ksh.44.110 billion in 2020 to Ksh.45.901 billion. This was mainly attributed to revenues from geothermal, hydro generation and the diversification venture at Tulu Moye in Ethiopia. The ongoing geothermal drilling services in Tulu Moye contributed Ksh.1.784 billion compared to Ksh.440 million in the previous year,” said the KenGen MD and CEO.

Overall, there was a growth of 3% in unit sales from 8,237GWh in 2020 to 8,443GWh in 2021. The Company benefited from a full year operation of the 172MW Olkaria V geothermal power plant whose construction was completed in October 2019, resulting in a 12% displacement of thermal generation.

“In year 2021, we were blessed with favourable hydrology. In line with KenGen’s affordability agenda to lower the cost of electricity to the consumers, we prudently prioritised dispatch of competitively priced hydro generation,” Mrs. Miano added.

In the year ahead, KenGen aims to deliver Olkaria I Unit 6 geothermal power plant, which will add 83MW to the national grid by end of December 2021. At the same time, the company aims to progress the milestones towards the commencement of the 140MW Olkaria VI geothermal power plant through a Public Private Partnership.

Mrs. Miano thanked the Government of Kenya, the close to 200,000 shareholders, KenGen employees, development partners and other stakeholders whose contributions she said enabled the Company to achieve its mandate and record a steady business performance.

Note to Editor:

About KenGen

Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.

Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (26MW).

For media queries please contact:

Frank D. Ochieng, Tel:0721816896

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Nairobi, Thursday, 21st October 2021: Kenya Electricity Generating Company PLC (KenGen) has been recognized for leading the Eastern Africa region in clean energy production.

KenGen has been given the honorary recognition in the 2021 Climate Action Awards East Africa – a competition that shines a spotlight on people and organizations with groundbreaking innovations and ideas to mitigate the effects of climate change.

The regional awards, which are courtesy of the IGAD Climate Prediction and Applications Centre (ICPAC), seek to showcase successful solutions that can accelerate the transition to low carbon economies in Eastern Africa.

KenGen, which was feted alongside listed telecommunication service provider, Safaricom, was recognized for its pioneering work in reducing carbon emissions under the Clean Development Mechanism (CDM). CDM was developed as part of the output of a global concern to contribute to climate change mitigation and to foster sustainable development for non-industrialized countries.

Accepting the honorary award, KenGen Managing Director and Chief Executive Officer, Rebecca Miano (Mrs.), termed the award as a boost to KenGen’s climate action plan.

“KenGen is committed to making its contribution to the reduction of the effects of climate change by scaling up clean energy production. KenGen has been focusing on the production of green energy and currently more than 86% of the energy produced by the company is from clean sources namely wind, hydro and geothermal.” she said.

In late August, KenGen was cleared by the United Nations Framework Convention on Climate Change (UNFCCC) to sell an equivalent of 4.6 million tonnes of carbon emissions earned since March 2020.

The carbon credits were earned from six (6) projects that include include Olkaria II Geothermal Expansion Project, the redevelopment of Tana Hydro Power Station, the optimization of Kiambere Hydro Power Station, Olkaria IV Geothermal Project, Olkaria 1 Units 4&5 Geothermal Project and the Ngong’ Wind power project.

Earlier in 2019, KenGen joined the United Nations Global Compact, and earlier this year joined an elite list of global multinationals to commit to the United Nation’s business ambition for 1.50C campaign, becoming the first company in Kenya’s public sector to do so.

Ends...//

Note to Editor:

About KenGen

Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.

Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (26MW).

For media queries please contact:

Frank D. Ochieng Tel:0721816896

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Nairobi, Friday, 15th October 2021: Kenya Electricity Generating Company PLC (KenGen) Managing Director and CEO, Rebecca Miano, has been named among top women CEOs leading business in Africa.

Mrs. Miano was named among a pool of top 50 women comprising of Chief Executives, Division Heads and Regional Managers who run over 1,400 companies sampled by Africa.com for the Definitive List of Women CEOs in Africa 2021.

In a comprehensive list featuring 22 CEOs from companies listed on all the African Stock Exchanges with a market cap of over $150 Million, Mrs. Miano featured in position 18, with a record of managing a company with a market capitalization of $275 Million.

Other key women business leaders from Kenya featured in the list include East African Breweries Limited (EABL) Group CEO, Mrs. Jane Karuku and Diamond Trust Bank (DTB) Group CEO, Nasim Devji.

Speaking after the announcement, Mrs. Miano said: “I am deeply touched, honoured and pleasantly surprised to receive this recognition featuring alongside some of the most inspiring and outstanding leaders across Africa by Africa.com. Their remarkable service and records will continue to inspire generations to come and make our world a better place.”

Mrs. Miano has had a 30-year multi-faceted career in the energy sector and is a recognized continental business leader focused on running KenGen, a global renewable energy market leader as a sustainable entity.

In 2010, she won the Company Secretary of the Year award in the Champions of Governance Awards series. The same year, she was awarded the Order of the Grand Warrior of Kenya (OGW) and, in 2019, the Moran of the Order of the Burning Spear (MBS) in recognition of her outstanding service to the nation.

In November 2019, she was appointed to the Board of Global Compact Network, Kenya and was named among the Top 100 Women CEOs in Africa by Reset Global People.

According to Africa.com, the research on The Definitive List is distinguished in that it is grounded in objective criteria, starting with a review of publicly available data provided by Bloomberg. The Africa.com research team undertakes a deep-level assessment for a more thorough analysis to determine the unambiguous, definitive list.

The Definitive List of CEOs celebrates the accomplishments of women at the top of large and complex listed companies in Africa.

Ends...//

Note to Editor:

About KenGen

Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.

Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (26MW).

For media queries please contact:

Frank D. Ochieng Tel:0721816896

This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.

Nairobi, Thursday, 7th October 2021: Kenya Generating Electricity Company (KenGen) PLC has received its fifth ISO re-certification after successfully going through rigorous audits conducted by Bureau Veritas to confirm the company’s conformity to the international standards.

KenGen Quality Management Systems (QMS) and Environmental Management Systems (EMS) were audited in June 2021 and found to be compliant with ISO 9001:2015 and 14001:2015 standards respectively, leading to the re-certification which was formally presented to the company this morning.

Speaking after receiving the certificate from the certifying body, Bureau Veritas, the Managing Director and CEO, Mrs. Rebecca Miano, said KenGen was excited to receive the re-certification and reiterated the company’s commitment to maintaining the standards through continual improvement.

Mrs. Miano attributed growth of KenGen to good policies, strategies, and procedures adding that the company had an installed capacity of 1,818MW out of which 86% was being generated from green and renewable sources.

She said KenGen was the first public institution to receive the ISO certification in Kenya back in 2004 adding that the company has maintained the focus and commitment to the high standards leading to the fifth re-certification.

Mrs. Miano said KenGen will continue to implement the ISO 9001:2015 and 14001:2015 standards across all business processes. She said the implementation of ISO had helped improve the company’s efficiency and overall performance.

“This re-certification is a testament of our resilience and commitment to continually improve our processes to enhance better performance towards realization of our corporate strategy and goals,” said Mrs. Miano.

Speaking during the same event, Bureau Veritas District Executive Officer for East and Central Africa, Mr. Cyprian Kabbis, said the audit process for recertification of KenGen was conducted smoothly and commended the KenGen team for their dedication and cooperation all through the process of audits and implementation of the procedures.

The re-certification is expected to run for the next three years and is the fifth re-certification since the company was first ISO certified in 2004.

END...///

Note to Editor:

About KenGen

Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.

Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (26MW).

For media queries please contact:

Frank D. Ochieng, Tel:0721816896

This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.

Nairobi, Tuesday, 28th September 2021: Kenya Electricity Generating Company PLC (KenGen) hasnearly tripled its allocation of procurement opportunities to Youth, Women and Persons with Disabilities (PWDs).

This revelation was made during a sensitization meeting with women-owned suppliers today, where KenGen Managing Director and CEO, Rebecca Miano said KenGen had set aside specific procurement opportunities to be awarded to the special category groups categories under the Access to Government Procurement Opportunities (AGPO) programme.

“I am happy to note that exclusive allocations for the special groups of youth, women, and persons with disabilities have steadily grown over the past seven years,” said Mrs. Miano.

The KenGen CEO added that KenGen had about 900 firms registered in KenGen’s Supplier Relationship Management System (SRM) under the special/disadvantaged groups categories and was confident that the number was bound to grow towards achieving the 30% target of the company’s total procurement under the AGPO programme.

During the sensitisation meeting targeting 758 registered women-owned enterprises, Mrs. Miano explained the company’s procurement and budgeting cycle highlighting the various opportunities earmarked for women-owned enterprises and other special groups.

The event offered an opportunity for women-owned enterprises to share their experiences and an opportunity to ask questions.

In her remarks, Mrs. Miano encouraged women-owned suppliers not to shy off from participating in high value tenders for technical engineering goods and services including those falling under the national and international category.

“While it is clear that government has set aside 30% of procurement opportunities to the special groups, nothing stops women suppliers from bidding and tendering for the big contracts as well,” said Mrs. Miano.

Mrs. Miano said KenGen has made arrangements with some local banks and financial institutions to support special groups. In addition, the Company has partnered with other organisations including International Finance Corporation to conduct capacity building for women-owned enterprises and also help them to access financing.

END...///

Note to Editor:

About KenGen

Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.

Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (26MW).

For media queries please contact:

Frank D. Ochieng, Tel:0721816896

This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.

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