KenGen eyes more revenues with new subsidiary

KenGen Chief Executive Rebecca Miano during the interview in her office on Monday. [Edward Kiplimo, Standard]

Power producer KenGen says it is awaiting regulatory approvals to launch a subsidiary that will oversee its non-electricity generating business.

The subsidiary, named KenGen Energy Services (KES), will handle diversified business segments that will be hived off from KenGen, leaving the mother company to handle power production and sales.