Steel fabrication facility to be established at geothermal-powered Green Energy Park in Kenya
Signing ceremony for the investment of Synergetic Development Group in the KenGen Green Energy Park in Naivasha, Kenya (source: KenGen)
Carlo Cariaga
17 Mar 2026
Synergetic Development Group is investing in the KenGen Green Energy Park in Kenya, with plans of putting up steel facilities to benefit from geothermal power.
Project delivery solutions company Synergetic Development Group (Synergetic) has signed an agreement to invest in the KenGen Green Energy park in Olkaria in Kenya, with plans of setting up an integrated logistics centre for steel productions and a steel fabrication facility. Under the agreement, the facilities to be constructed with utilize 18 MW of geothermal power from the Olkaria geothermal field, as well as 10 acres of land and 360 cubic meters of water per annum.
According to KenGen, Synergetic will now be the fourth investor at the KenGen Green Energy Park which offers cheaper power tariffs and a steady supply of clean and renewable geothermal energy. The Park is a special economic zone designed to host energy-intensive industries that require access to clean geothermal power, water, and land. It offers investors a competitive package of green energy, infrastructure, and a conducive business environment, supporting Kenya’s Vision 2030 goals and the national industrialization agenda.
A tender to lease land and develop facilities in the Green Energy Park was announced back in 2023. Since then, the site has attracted interest from Microsoft and G42, who had signed signed a deal to put up a data centre campus that will tap into 100 MW of geothermal power. A Dubai-based investment firm, Aquilastor, had also expressed plans to establish an electric vehicle assembly plant at the Green Energy Park.
Before the end of 2025, the Kaishan Group broke ground on the construction of a geothermal-powered green ammonia facility in that will be supplied by 165 MW of power from the Olkaria geothermal facility.
Eng. Peter Njenga, KenGen’s Managing Director and CEO, described the partnership as a “bridge between Africa’s green energy potential and its manufacturing future.” Synergetic Development Group CEO Stephen Kiarie responded in turn, saying that the decision to come to Olkaria was part of the company’s strategic plan to leverage green energy and deliver green products to Kenya and international markets.
“With our expertise in project delivery in Kenya and across 14 countries in the region, we will hit the ground running to deliver this project on time and on budget,” said Kiarie.
Kenya has rapidly grown its geothermal power generation capacity in recent years and is actively looking for industrial offtake partners who wish to benefit from geothermal power supply while also supporting the continued growth of the sector. Just recently, the second geothermal power plant in Menengai completed its 30-day testing phase, which will bring the installed geothermal power generation capacity in Kenya above 1000 MW.
