Aerial view of Olkaria geothermal fields in Kenia, location of the KenGen Green Energy Park that will house the new feed plant.
Photo: KenGen.
The KenGen Green Energy Park will be home to the new aquafeed plant to be built by Maxim Agri & Samakgro, which, in turn, has come on board as an investor in this 4,500-acre industrial project located in Olkaria, Kenya, powered entirely by 100% renewable geothermal energy.
The feed company will use 3 MW of green energy to build an aquaculture feed production facility with a capacity of 8 metric tons (MT) per hour. Valued at approximately USD 3.95 million, the project is expected to increase Kenya's fish feed production capacity to meet the growing demand from the national aquaculture industry.
Powered by Kenya Electricity Generating Company PLC (KenGen)—the leading electricity generation company in the East African region—and located in the heart of the country's geothermal fields, the Green Energy Park brings together renewable energy and sustainable industrial solutions.
Described by KenGen as "a future-ready destination for companies seeking low-carbon operations powered by Kenya's geothermal resources," it offers 100% clean geothermal energy and direct access to steam/brine for heavy-duty, steam-intensive manufacturing processes.
These were the advantages that Maxim Agri Director Joachim Westerveld highlighted when commenting on this new investment, showing his optimism regarding the alliance and the opportunities it represents for the company's growth.
"The establishment of an 8MT per hour fish feed production plant at the KenGen Green Energy Park will significantly enhance our production capacity while reducing operational costs through access to efficient power and steam solutions. These efficiencies will enable us to provide more affordable feed to farmers," he stated.
"By making high-quality feed more affordable and accessible, the transition from traditional feed to modern aquaculture nutrition will drive fish farming efficiency, boost productivity, and improve livelihoods of fish farmers," Westerveld added.
Moment of signing the agreement between Kenya Electricity Generating Company PLC and Maxim Agri Limited on electricity supply.
Photo: KenGen.
Kenyan aquafeed producer Samakgro is an associated subsidiary of Maxim Agri Holding, which also includes the region's aquaculture producer Victory Farms Ltd. and Gatsby Africa, a foundation that supports industrial and sectoral development and also collaborates on other aquaculture-related projects such as the Aqua-Spark Africa fund.
Its parent company, Maxim Agri, is now joining the KenGen Green Energy Park project as the fifth investor, joining the four previously confirmed investors: Konza Technopolis Development Authority (KoTDA), Eco-cloud, Kaishan Group, Aquilastar Corporate Investment Company and Synergetic Development Group.
Commenting on the addition of Maxim Agri & Samakgro to the park's shareholders, KenGen Managing Director and CEO, Peter Njenga, highlighted that their investment—the second to join in 2026—demonstrates the growing appeal of the KenGen Green Energy Park as a hub for industries seeking to leverage affordable and sustainable green energy to fuel their expansion.
"We are delighted to welcome Maxim Agri Ltd as the latest investor in the KenGen Green Energy Park. This investment is a strong vote of confidence in Kenya's green industrialization agenda and affirms the growing demand for reliable, affordable, and sustainable energy solutions to power industrial growth," he said.
"As Kenya's leading green power producer, KenGen is well positioned to serve as a catalyst for the country's industrial transformation. We remain committed to supporting investors through the provision of clean, dependable geothermal energy and a conducive environment that enables businesses to thrive," Njenga concluded.
