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Home » News » Geothermal » KenGen’s Geothermal Expansion Powers 48% Profit Growth in 2023
Finance

KenGen’s Geothermal Expansion Powers 48% Profit Growth in 2023

By Eddie GriffithOctober 31, 20232 Mins Read
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Credi: KenGen
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KenGen, the state-owned electricity provider in Kenya, has announced an impressive 48% surge in its profit after tax for the fiscal year concluding in June 2023. This substantial profit growth is largely attributed to enhanced operational efficiency and the expanded capacity of the company's geothermal facilities located in Olkaria, near Naivasha, Kenya. The company's profit

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Electricity European Union Funding Geothermal KenGen Kenya
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