Genghis Capital - The Energy Act 2019: Opportunities (and Risks) for Sector Entities

Report

Genghis Capital

Gerald Muriuki

EUR 25.63 For Business Accounts Only

The Energy Act 2019: Opportunities (and Risks) for Sector Entities

The Energy Act 2019 was assented to last month (March 2019) and is expected to continue the liberalization of the power sector that began before the turn of the millennium. Key from the Act is the opening up of the power transmission, distribution and retail sector that is currently controlled by KPLC.
Reforms in the energy sector began with separation of generation from distribution in 1997 that led to the formation of KenGen as the power generator and KPLC as the transmitter, distributor and retailer.
Since the separation, the liberalization of power generation has attracted about 20 private investors (Independent Power Producers – IPPs). Generation has become more competitive, innovative and a source of quality electric energy.
On the controlled transmission and distribution side, challenges abound with high cost of power (mostly cited by manufacturers), reliability of supply due to frequent power-outs, low quality equipment and large power losses.

02/04/2019 1 EN

Provider

Genghis Capital

Genghis Capital is an innovative and customer focused Investment Bank licensed by the Capital Markets Authority (CMA). Founded in 2008, Genghis is one of the leading investment banks in Kenya. Since its establishment, Genghis has achieved tremendous growth to offer a well-diversified portfolio of financial services that includes:

i. Securities(Equity/Debt) Trading
ii. Research
iii. Wealth Management services
iv. Investment Advisory & Management via the GenCap Unit Trusts
v. Corporate Finance & Transaction Advisory services

The Kenyan Capital Markets continue to develop in size, scope and sophistication. With this is an increasing demand for more specialized and personalized brokerage service and we at Genghis Capital are glad to be able to offer you this service. Our strength lies in ensuring our clients are up to speed with developments at the stock market and the economy. Research and technology remains our competitive and comparative advantage hence Experience, Expertise and Professionalism are some of the qualities you can expect from our team.

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Analysts

Gerald Muriuki

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The Energy Act 2019: Opportunities (and Risks) for Sector Entities

Genghis Cross-Asset Weekly Strategy - 8th February 2021

East African Breweries Ltd (NSE: EABL) 1H21 Earnings Note

KenGen Company Plc (NSE: KEGN) FY20 Earnings Note

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