As stated in KenGen, on June 2, 2026, the corporation will send a request for permits for the transportation and distribution of energy resources among industrial enterprises in the territory of its green energy park in Olkaria.
The state-owned electricity producer is betting on the recently published Energy (Electricity Market, Mass Supply and Open Access) Regulations 2026, which open up opportunities for electricity-producing companies to sell electricity directly to large consumers.
KenGen is betting on selling electricity directly at below-retail prices, which is one of the incentives to attract investors to its 8,292-acre green energy park. But direct sales will bypass Kenya Power, which has for years had a monopoly on electricity distribution in the country.
In May 2026, the exclusive rights were terminated after the publication of the energy regulations. «We hereby notify that KenGen, a public limited company, pursuant to the provisions of section 119(3) of the Energy Act 2019, will apply to the Energy and Petroleum Regulatory Authority (hereinafter referred to as the Regulatory Authority) on 2 June 2026 for the transmission and distribution of electricity for the KenGen Green Energy Park», the company said.
Changes in legislation allow power producers such as KenGen to apply for licenses to sell electricity directly to large consumers. The producers will pay Kenya Power and Kenya Electricity Transmission Company for the use of their lines.
Last year, the Kengen Green Energy Park was declared a Special Economic Zone (SEZ), which has allowed investors to take advantage of a number of benefits, including cheap electricity and tax breaks.
Special Economic Zones have become an important factor in Kenya's drive to attract investors and boost efforts to create jobs and overcome the unemployment crisis. In particular, the zones offer investors cheaper electricity, tax benefits and universal permitting points.
At least four investors have already set up businesses in the park, and some are expected to start operations by next year. The four investors include the Konza Technopolis Development Authority, China's Kaishan Group Limited, Synergetic Development Group, and Aquilastar, a corporate investment company. The green energy park offers KenGen a wide range of revenue diversification opportunities as the company seeks to stay on the path to profitability. KenGen reported a net profit of 10.4 billion shillings as of June 2025, compared to 6.7 billion shillings a year earlier.
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