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EIB to Support KenGen’s Green Energy Projects

European Investment Bank Vice President Thomas Östros recently visited the Olkaria Geothermal Power Plant in Naivasha, where he discussed potential areas of collaboration with KenGen.

During his visit, Östros commended KenGen for their visionary investment in geothermal energy and expressed the European Investment Bank’s commitment to accelerating renewable energy across Africa.

“The European Investment Bank is committed to accelerating renewable energy across Africa and has supported visionary geothermal investment by KenGen here at Olkaria over the last 41 years,” said Östros.

He also praised Kenya for embracing clean energy sources, citing Olkaria as a model for renewable energy that the rest of the world can learn from.

This visit coincides with Kenya’s efforts to transition to clean energy by 2030, and the EIB Vice President also toured the newly commissioned 86 MW Olkaria I Additional Unit 6 Geothermal Power Plant.

Which is currently providing the nation with additional renewable energy.

KenGen’s acting Managing Director and CEO, Abraham Serem, hosted the EIB delegation during their visit.

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