Nairobi, February 12, 2026. KenGen has improved its corporate governance framework after key resolutions were adopted at an Extraordinary General Meeting (EGM) held today. This move reinforces the Company’s long-term stability as it works on its G2G 2034 Strategy.
After the meeting, Managing Director and CEO Eng. Peter Njenga addressed shareholders and the media. He explained that the approved proposals aim to improve institutional stability and oversight while managing large, capital-heavy energy investments.
Eng. Njenga pointed out that the new governance structure gives management the clarity, accountability, and confidence needed to effectively carry out KenGen’s long-term strategy.
“The all-inclusive governance structure gives management the clarity, confidence, and accountability needed to execute and deliver results under our ongoing G2G 2034 Strategy,” he stated.
Focus on Reliable and Affordable Power
KenGen reaffirmed that its strategic focus remains the same. The Company aims to deliver reliable and affordable electricity to the nation while ensuring operational excellence and strong financial performance.
The CEO assured Kenyans of the Company’s commitment to powering the country’s economic growth in a responsible and efficient manner.
As part of this commitment, KenGen continues to improve the performance of its current generation fleet while speeding up expansion in geothermal, hydro, nuclear, wind, and other renewable energy sources.
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Meeting Growing Energy Demand
With an increase in electricity demand, KenGen is also focused on improving plant performance, reducing operational risks, and increasing cost efficiencies throughout its portfolio.
“These actions are crucial for supporting national energy security and maintaining a stable electricity supply as demand rises,” Eng. Njenga noted.
The Company announced that the system peak demand is currently at 2,444.40 MW, recorded on January 14, 2026. The highest gross energy demand recorded so far is 45,323.22 MWh, noted on December 5, 2025. This clearly shows rising consumption driven by economic activity and increasing electrification.
Delivering the G2G 2034 Vision
KenGen’s G2G 2034 Strategy aims to add 1,500 MW to the national grid while maintaining the highest standards of safety, environmental care, and corporate responsibility.
In his closing remarks, Eng. Njenga reiterated the Company’s commitment to disciplined execution of its strategy. He emphasized the importance of creating long-term value for shareholders and sustainable benefits for all Kenyans.
“We will continue to operate efficiently and effectively to achieve the targeted 1,500 MW, uphold the highest standards of safety and environmental care, and create sustainable long-term value for our shareholders and for all Kenyans,” he concluded.
