The report highlights the company's financial performance for the year ended 30 June 2017, including a 34% growth in profit after tax, reaching Kshs 9,057 million. The company successfully sold 351,210,589 untaken shares in a Rights Issue to a South African Pension Fund, marking the largest rights issue on the Nairobi Securities Exchange. KenGen also made significant progress in its strategic focus on developing additional renewable energy, achieving a 100% uptake on its geothermal capacity addition program, while maintaining a market share of about 69%. The company also invested in various programs to promote sustainability in the company’s operations, including environmental conservation and community engagement.
Issuing Company Kenya Electricity Generating Company PLC
Report Type Integrated Report
Report Language EN
Report Filesize 6.35 MB
No. of Pages 236 pages
Reporting periodJuly 1, 2016-June 30, 2017
Report EditionUnknown
Assurance Provider PricewaterhouseCoopers
Reporting Standards IFRS; SASB; UNSDGs
Materiality Assessmenttrue