How grid leasing could help offset Kenya Power monopoly loss

Kenya Power Company headquarters at Electricity House, along Harambee Avenue, Nairobi. 

Photo credit: Francis Nderitu | Nation Media Group

Utility company Kenya Power is expected to cancel out losses from the end of its monopoly in electricity sales with the lease of its infrastructure as analysts see a structural shift in the company’s business model.

Analysts at Standard Investment Bank (SIB) expect the utility to transform into an infrastructure firm, leasing out its over 160,000 kilometres network of high and low voltage lines to producers seeking to sell electricity directly to customers.

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