Nairobi, April 29 -- US energy firm Ormat Technologies has flagged delayed payments from Kenya Power, even after the utility paid it $21.1 million (Sh2.72 billion) earlier this year as part of overdue obligations for electricity purchases from its geothermal plants in Olkaria, Naivasha.

Ormat said collections from Kenya Power have slowed in recent times, with the American firm owed $8.4 million (Sh1.08 billion) as of the end of February 2026.

"There has been a deterioration in the collection from Kenya Power that became slower than in the past, and as of December 31, 2025," the US firm revealed.

"The amount overdue from Kenya Power in Kenya was $29.5 million, of which $21.1 million was paid in January and February of 2026," it added. ...