Kenya Power has paid out Sh2.58 billion ($20million) as part of a Sh4.94 billion ($38.3million) debt to a US energy firm-Ormat Technology, for electricity supplies as of December 31, 2024, amid improved profitability and liquidity for the majority State-owned company, new disclosures showed.
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.
