Geothermal Development

The Geothermal Development Company (GDC) is fully government-owned company in Kenya's energy sector. GDC was formed in 2008 as a Special Purpose Vehicle (SPV) to accelerate the development of geothermal resources in Kenya. GDC is tasked with developing steam fields and selling geothermal steam for electricity generation to KenGen and to private investors. Geothermal steam is an environmentally friendly and abundant raw material used for generating electricity. The government and several development partners have been financing risks associated with geothermal exploration and drilling.