03/09/2026
Leadership teams from the Nuclear Power and Energy Agency (NuPEA), Kenya Electricity Generating Company (KenGen), and KCB Bank Group convened a strategic meeting to deliberate on financial lead-arranging frameworks for Kenya’s inaugural 2,000 MWe Nuclear Power Plant in Siaya County.
The discussions focused on mobilizing domestic commercial banking capacity to structure megaproject debt, featuring a detailed progress report on the National Nuclear Power Program and an operational update on the owner/operator governance structure between NuPEA and KenGen. KCB showcased its extensive track record in lead-arranging capital-intensive energy and infrastructure investments. ^I.N