KenGen

OverviewSuggest Edit

KenGen is an electric power generation company. It generates electricity through the development, management and operation of power plants.

TypePublic
Founded1954
HQNairobi, KE
Websitekengen.co.ke
Employee Ratings3.9

Latest Updates

Employees (est.) (Jun 2020)2,519
Revenue (FY, 2021)KSH45.9 B(+5%)
Cybersecurity ratingFMore
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Key People/Management at KenGen

Rebecca Miano

Rebecca Miano

Managing Director, CEO
Ukur Yatani

Ukur Yatani

Non-Executive Director
John Mudany

John Mudany

Finance & ICT Director
Maurice Nduranu

Maurice Nduranu

Independent & Non-Executive Director
David K. Mwangi

David K. Mwangi

Company Secretary, Legal Affairs Director
Gordon O. Kihalangwa

Gordon O. Kihalangwa

Non-Executive Director
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KenGen Office Locations

KenGen has offices in Nairobi, , Eldoret, Embu and in 7 other locations
Nairobi, KE (HQ)
KenGen Pension Plaza II Kolobot Road, Parklands
Eldoret, KE
P. O. BOX 308
Embu, KE
P. O. BOX 205
Kisumu, KE
P. O. BOX 875
Kitale, KE
P. O. BOX 698
Mombasa, KE
P. O. BOX 80801
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KenGen Financials and Metrics

KenGen Revenue

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View revenue for all periods
KenGen's revenue was reported to be KSh45.9 b in FY, 2021
KES

Revenue (H1, 2022)

24.8b

Gross profit (H1, 2022)

23.4b

Gross profit margin (H1, 2022), %

94.5%

Net income (H1, 2022)

5.1b

EBITDA (H1, 2022)

12.7b

EBIT (H1, 2022)

6.8b
Annual
KESFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

45.3b46.0b44.1b45.9b

Cost of goods sold

(13.0b)(13.5b)

Gross profit

32.6b33.2b44.6b46.4b

Gross profit Margin, %

72%72%101%101%
Half Year
KESH1, 2019H1, 2020H1, 2021H1, 2022

Revenue

22.2b22.4b21.8b24.8b

Cost of goods sold

(1.7b)(1.5b)(1.7b)

Gross profit

23.0b21.4b20.5b23.4b

Gross profit Margin, %

104%96%94%95%
Annual
KESFY, 2018FY, 2019FY, 2020FY, 2021

Cash

3.4b9.2b5.3b13.6b

Prepaid Expenses

2.5b2.3b1.6b385.7m

Inventories

1.1b1.3b1.4b2.1b
Half Year
KESH1, 2019H1, 2020H1, 2021H1, 2022

Cash

5.1b

Accounts Receivable

20.5b

Prepaid Expenses

126.1m

Inventories

1.8b
Annual
KESFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

11.7b11.7b13.8b14.8b

Depreciation and Amortization

10.1b10.3b11.8b11.3b

Inventories

(67.1m)(175.1m)(47.0m)(680.5m)

Accounts Payable

(1.1b)2.8b(4.7b)1.5b
Half Year
KESH1, 2019H1, 2020H1, 2021H1, 2022

Net Income

3.4b8.9b
KESFY, 2018

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2 x
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KenGen Revenue Breakdown

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KenGen revenue breakdown by business segment: 100.0% from ELECTRIC UTILITIES DIVERSIFIED

KenGen revenue breakdown by geographic segment: 100.0% from KENYA

KenGen Cybersecurity Score

Cybersecurity ratingPremium dataset

F

50/100

SecurityScorecard logo

KenGen Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

KenGen Online and Social Media Presence

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KenGen News and Updates

Treasury Pockets sh1.3bn From KenGen's Dividends

The National Treasury will get Sh1.3 billion in power producer Kenya Electricity Generating Company dividends in a year the government has struggled to collect taxes as a result of the coronavirus scourge and related economic downturn

Kenya Power to Settle Sh23bn KenGen Debt

The government says it will ensure that Kenya Power pays its debt to KenGen and other power producers, responding to concerns that the electricity distributor’s default could hurt the entire supply chain if it is not resolved in the near term

KenGen to Start Olkaria 1 Unit 6 Geothermal Plant This Year

During an investor briefing, Rebecca Miano, CEO of Kenya Electricity Generating Company (KenGen) reports that KenGen expects to start commercial production of its 83.3 MW Olkaria 1 Unit 6 geothermal power plant before the end of the year

State to Save Kenya Power From KenGen Direct Sales

Loss-making Kenya Power got a huge reprieve after the Ministry of Energy announced it will restrict Kenya Electricity Generating Company (KenGen) plans to sell power directly to consumers

KenGen to Payout KSh.1.98 Billion to Shareholders for Year Ended June 2020

Kenya Electricity Generating Company PLC (KenGen) will pay its shareholders Kshs.1.98 Billion in dividends. This follows today’s approval by shareholders of the Board’s recommendation for a first and final dividend payment of Kshs 0.30 per ordinary share of Kshs 2.50. The dividend payout for the yea…

Ethiopia: KenGen Completes First Drilling at Tulu Moye Eothermal Site

Kenya Electricity Generating Company (KenGen) has completed the first drilling at the Tulu Moye geothermal site in Ethiopia. The Kenyan company is working on behalf of Tulu Moye Geothermal Operations (TMGO), a company owned by Meridiam and Reykjavík Geothermal
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KenGen Blogs

Break The Bias: The Antidote to Achieving Sustainable Development Goals

In 2015, the United Nations outlined 17 Sustainable Development Goals (SDGs) as part of a blueprint towards a better future leading up to the year 2030. Sustainable Development Goal (SGD) 5 which calls for gender equality by providing women and girls with equal access to education, health care, dece…

Home Grown Initiatives Play a Vital Role in Championing Gender Equality

On March 8th, 2022, the world commemorated the International Women's Day themed: Gender Equality for a Sustainable Tomorrow. President Uhuru Kenyatta led the nation in marking this significant global day. In his speech, President Kenyatta highlighted the strides that Kenya had made in empowering wom…

Energizing the Festive Season

Christmas season is now at hand, yet another season of merry making. For some, it is time to glisten the season by lighting up the twinkle of Christmas trees. For most of us, Christmas tunes will be blaring out festive cheer in our living rooms almost non-stop. Undoubtedly, kitchens in most househol…

Sharing is Caring: Let’s Spread the Festive Cheer with Kind Acts of Charity

It is that time of the year when we all join family and friends in ushering the season of festive cheer. While merry-making is what characterizes the Christmas and New Year season, Christmas is also about spreading the festive cheer to the less fortunate and vulnerable in society. Now, more than eve…

Ring fencing of water resources: Why Tree Growing is Vital for Sustainability of Our Rivers and Dams

For decades, dams and rivers – small and big – have continued to provide immense benefits to humanity. From provision of water for domestic use to powering machines for electricity generation, these hydro resources remain vital to not only the existence of humanity, but also for economic development…

How Dams Prevent Flooding: A tale of the Seven Forks Dam Cascade

There has been a big misconception that dams cause floods, but the reverse is true, in many regions around the world, dams have purposely been constructed to mitigate floods that are among destructive natural disasters that occur as a result of excess water in flood-prone regions. In Kenya, a case s…
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KenGen Frequently Asked Questions

  • When was KenGen founded?

    KenGen was founded in 1954.

  • Who are KenGen key executives?

    KenGen's key executives are Rebecca Miano, Ukur Yatani and John Mudany.

  • How many employees does KenGen have?

    KenGen has 2,519 employees.

  • What is KenGen revenue?

    Latest KenGen annual revenue is KSh45.9 b.

  • What is KenGen revenue per employee?

    Latest KenGen revenue per employee is KSh18.2 m.

  • Who are KenGen competitors?

    Competitors of KenGen include Endesa, Iberdrola and FirstEnergy.

  • Where is KenGen headquarters?

    KenGen headquarters is located at KenGen Pension Plaza II Kolobot Road, Parklands, Nairobi.

  • Where are KenGen offices?

    KenGen has offices in Nairobi, , Eldoret, Embu and in 7 other locations.

  • How many offices does KenGen have?

    KenGen has 11 offices.