Kenya Power paid out Sh1.42 billion ($11million) to a US energy firm, Ormat Technology, in October as part of overdue obligations for electricity purchases from the latter’s geothermal plants in Olkaria, Naivasha.
The payout reduced the balance of Sh4.69billion ($36.3million) that Kenya Power owed to Ormat as of September 30, 2025, new disclosures showed, adding to the Sh1.96billion($15.2 million) it had earlier paid in April and May.
