KenGen adds fifth investor to green energy park with $3.95M fish feed plant
What's the deal? Kenya Electricity Generating Company (KenGen) has onboarded Maxim Agri & Samakgro as the fifth investor in its Green Energy Park. The company will use 3MW of green energy to build an 8-metric-ton-per-hour fish feed production plant, a project valued at roughly $3.95 million.
What's the endgame? KenGen wants the geothermal hub to become a magnet for industries seeking affordable, sustainable power. The new plant is expected to boost fish feed production capacity in Kenya to meet growing aquaculture demand.
Why now? Maxim Agri & Samakgro is the second investor onboarded in 2026, bringing the park's total to five. KenGen also unveiled a new Green Energy Park Investor Portal, a one-stop platform meant to accelerate investment in the hub and digitise the investor journey.
Between the lines: For Maxim Agri, the location cuts costs. Access to efficient power and steam will lower operational expenses and let it offer cheaper feed to farmers, said director Joachim Westerveld.
“These efficiencies will enable us to provide more affordable feed to farmers,” Westerveld said, adding that the shift to modern aquaculture nutrition should “boost productivity, and improve livelihoods of fish farmers.”
The signal: KenGen is positioning its geothermal capacity as a lever for industrial growth, framing the park as a route to green industrialisation. Chief executive Eng. Peter Njenga called the investment “a strong vote of confidence in Kenya's green industrialization agenda” and said the country is aiming to be “Africa's preferred destination for sustainable industrial development.”
Read more: BusinessQuest
Image credit: Bytemarks
