KPC chair John Ngumi lands new role at EP Energy
- Kenya Pipeline Company (KPC) Chairman John Ngumi gets nod to serve renewable energy developer DREAM EP Energy Kenya Limited as new chairman
- The sustainable energy firm is counting on Mr. Ngumi's vast experience in investment banking to strengthen is position as a leader in the regional renewable energy scene.
- DREAM EP is responsible for up to 200 megawatts (MW) of assets in commercial operations since its entry into the country in 2014.
Renewable energy developer DREAM EP Global Energy Kenya Limited has appointed Kenya Pipeline Company (KPC) chairman John Ngumi as its new chairman as it looks to draw on his vast experience in global investment banking.
Re-appointed as KPC’s chairman in 2018, John Ngumi has previously worked in multiple sectors and is recognized as East Africa’s foremost corporate and investment banker.
Mr. Ngumi has similarly played pivotal roles in the development of regional capital markets through authorizing a number of regulatory frameworks and in persuading governments to regard markets as critical to local resource mobilisation and deployment.
Speaking upon his appointment, John Ngumi underscored EP’s contribution to the provision of affordable and accessible power which goes beyond the realm of previous players through the deployment of new technologies.
“I am pleased to join the DREAM team in this drive to provide Kenyans with environmentally safe, efficient, and affordable power solutions. Kenya has proven it is ripe for solutions to our various challenges that utilize technology to leapfrog previously insurmountable barriers,” he said.
“DREAM Kenya, EP Global Energy’s flagship investment will benefit from John’s vision, strategic thinking, and immense experience in business delivery and corporate governance,” EP Energy Managing Director Tara Lindstedt lauded the new appointee.
DREAM and acronym for Developing Renewable Energy in Africa & Middle East has since its launch in 2014 delivered up to 200 megawatts (MW) of assets into commercial operations.
The firm deploys capital to utilize best available technologies to power Healthcare & Education, Communities and Commerce and Industries.
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