Kenya Power has paid out Sh2.58 billion ($20 million) as part of a Sh4.94 billion ($38.3 million) debt to US energy firm Ormat Technology for electricity supply as at December 31, 2024, amid improved profitability and liquidity at the State-owned company, new disclosures show.
The latest regulatory filings by the Naivasha-based geothermal power producer showed that Kenya Power paid Sh2.58 billion in January and February 2025, leaving a balance of Sh2.36 billion.
