[6][7] The power station is jointly financed by the Japan International Cooperation Agency (JICA) and the Kenya Electricity Generating Company (KenGen).

Mitsubishi Hitachi Power Systems transported the equipment from the port of Mombasa to the construction site at Olkaria and installed the machinery.

H Young & Company (HY), a Kenyan outfit, supplied the remaining parts required to construct the power station.

[8] The Olkaria V plant in Great Rift Valley, Kenya was first synchronized to the National Grid on 28 June 2019 and its first unit has reached its full design output of 79 megawatts.

[10][13] Olkaria V Geothermal Power Station is wholly owned by the Kenya Electricity Generating Company (KenGen).