Olkaria Naivasha, Friday, March 13, 2026: 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.

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Note to Editor: About KenGen Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in the 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 1,786 MW, of which over 90% is drawn from green sources namely: Hydro (826 MW), Geothermal (754 MW), Wind (25.5 MW). The balance is from Thermal.

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