Geothermal Development

Highly Engaged Employees

The Geothermal Development Company (GDC), established in 2008, is a fully government-owned entity operating within Kenya's energy sector. As a Special Purpose Vehicle (SPV), GDC's primary mandate is to accelerate the development of geothermal resources across the nation. The company focuses on developing geothermal steam fields and subsequently selling this steam for electricity generation to entities like KenGen and other private investors. Geothermal steam represents an environmentally friendly and abundant raw material, crucial for sustainable power generation. The government, alongside various development partners, actively finances the inherent risks associated with geothermal exploration and drilling activities, underscoring the strategic importance of this energy source for Kenya.

Operating with a significant workforce of 1,000 - 5,000 employees across 2 locations, GDC plays a pivotal role in harnessing Kenya's vast geothermal potential. The company's technical expertise is directed towards identifying, developing, and preparing geothermal steam fields for commercial exploitation. This complex process involves substantial investment in exploration and drilling, often supported by governmental and international financial backing to mitigate exploration risks. Understanding the operational capacity and leadership driving these initiatives is key to appreciating GDC's contribution to the energy landscape. Meet Geothermal Development's team to learn more about the professionals dedicated to this mission.

With a reported revenue of $190.4M, Geothermal Development demonstrates substantial economic activity within the energy utilities sector. Its business model is centered on providing the essential raw material—geothermal steam—thereby enabling large-scale electricity production. This focus positions GDC as a critical upstream player in Kenya's energy value chain, contributing to national energyView more...