Joan Chahenza

Joan Chahenza

Chief Financial Analyst & Technical Assistant to Corporate & Regulatory Services Director

KenGen

Joan is a Renewable Energy Finance Professional her main areas of expertise are Power Purchase Agreements development and negotiation, financial modelling, project structuring both on project and corporate finance basis. She has been involved in project structuring, tariff setting and PPA negotiation of major renewable energy projects in Kenya whose total project cost is over is over 1 billion USD.    Joan is a Young African Leader Initiative (YALI) Power Africa, Women in Africa Power  2019  fellow and she is also a fellow of the Open Africa 2020 program.    Joan has a Master’s of Science in Finance and a Bachelor of Arts (Economics) from the University of Nairobi and is currently studying a second Masters in Science in Energy Policy at the University of Sussex, UK. She is a Certified Expert in Climate and Renewable Energy Finance (CECRF) by Frankfurt School of Finance and Management, a Certified Public Accountant (CPA K) and a Certified Public Private Partnership Professional (CP3P) Foundation level.     Joan serves as a Trustee in the Board of Trustee for the KenGen Defined Contribution Retirement Benefit scheme  and was also the former secretary of the Pink energy ladies forum in KenGen.

Kenya Electricity Generating Company (KenGen) PLC is the leading electricity generation company in East Africa. The firm has grown over the years. Having been incorporated on February 1, 1954, the company now commands a national sales market share of about 75 percent.    KenGen’s primary business is to provide affordable and dependable electric energy for Kenya and beyond in an environmentally friendly and sustainable manner while creating value for its stakeholders.    In 2006, KenGen was listed on the Nairobi Securities Exchange (NSE) following an Initial Public Offering (IPO) which saw the Government sell 30 per cent of its stake. Currently, the Company operates in a liberalised power generation environment and sells electricity in bulk to Kenya Power, which then distributes it to consumers.     The Company which owns 31 power generating units with total installed capacity of 1,803MW of electricity capacity in Kenya using hydro, geothermal, thermal and wind power. At the moment, the company’s generation capacity is as follows; Hydro (818.2MW), Geothermal (705.9MW), Thermal (253.5MW) and Wind (25.5MW). KenGen's vision is to be the market leader in the provision of Reliable, Safe, Quality and Competitively Priced electric energy in the Eastern Africa region.