Africa-Press – Kenya. KENGEN has formally signed up Synergetic Development Group as the fourth client for its Green Energy Park at the Olkaria geothermal fields in Naivasha.
The onboarding of the project development solutions group focused on integrated energy and infrastructure projects across Sub-Saharan Africa, took place on Friday at the KenGen Geothermal Safari Rally Stage, at this year’s WRC Safari Rally.
Under agreement, Synergetic Development Group will use about 18 MW of green energy, 10 acres of land, and 360 cubic metres of water per annum, to set up an integrated logistics centre for steel products and a steel fabrication centre at the KenGen Green Energy Park.
The investment marks a significant step in KenGen’s strategy to leverage its geothermal resources to catalyse industrial growth and support Kenya’s green industrialisation agenda, managing director Peter Njenga said.
The steel logistics and fabrication centres are expected to create 150 direct and indirect employment opportunities, support local supply chains and contribute to the growth of Kenya’s manufacturing sector.
“The onboarding of Synergetic Development Group as our investor at the KenGen Green Energy Park is a testament to the growing confidence that industry players have in our green energy offering,” Njenga said.
The addition of Synergetic Development Group brings the total number of investors at the KenGen Green Energy Park to four, reflecting strong momentum in positioning the facility as a preferred destination for green industrial investment in the East African region.
Others are KoTDA (Konza Technopolis), ECO Cloud, Kaishan Group (green fertiliser) and AquilaStar (EV assembly).
This is in addition to the Microsoft and UAE-based AI firm G42 investment of $1 billion (Sh129.2 billion) to build a state-of-the-art green data centre at the part, in a deal secured during President William Ruto’s recent visit to the US.
“KenGen is committed to providing reliable, competitively priced geothermal energy that powers not only homes but also industries, creating jobs and driving sustainable economic development in Kenya,” Njenga affirmed.
The signing ceremony, held against the backdrop of the prestigious WRC Safari Rally, underscores KenGen’s commitment to showcasing its geothermal energy capabilities on an international stage.
The KenGen Green Energy Park in Olkaria is special economic zone designed to host energy-intensive industries that require access to clean and affordable geothermal power, water and land.
The Green Energy Park spanning an impressive 342 hectares, will accommodate a harmonious blend of industrial and non-industrial activities.
The master-planned development encompasses offices, data centers, research and development centers, hospitality spaces, a visitor experience center and administrative and commercial facilities.
The Park offers investors a competitive package of green energy, infrastructure and a conducive business environment, supporting Kenya’s Vision 2030 goals and the national industrialisation agenda.
Kenya’s leadership in geothermal development, already ranked among the world’s top ten producers, gives it a unique advantage in pioneering low-carbon manufacturing models for the Global South.
The Green Energy Park will run on 100 per cent renewable geothermal power at the Olkaria Geothermal fields.
