Axxela
FormerlyOando Gas & Power Limited
(2017)
IndustryEnergy & Utilities
Founded2000 (2000)
HeadquartersLagos, Nigeria
Key people
Bolaji Osunsanya (CEO)
ProductsNatural Gas, Power, Energy Infrastructure Development
ParentHelios Investment Partners LLP
Websitewww.axxelagroup.com

Axxela (formerly Oando Gas & Power Limited), is a natural gas value chain company that processes natural gas, transmission & distribution as well as power generation & distribution in Nigeria and West Africa.[1][2]

Background

Owned by Helios Investment Partners LLP and Sojitz Corporation company,[3][4] it is headquartered in Lagos, Nigeria.[5]

It is one of the first indigenous private sector-led developers of natural gas distribution in Nigeria, which serves over 200 industrial and commercial customers via a vast network of natural gas infrastructure.[6]

Axxela is the first privately owned, independent company registered gas shipper on the West African Gas Pipeline (WAGP)[7] and in 2021 received the Energy Leadership Excellence Award of the Decade from the African Institute for Leadership Excellence.[8][9]

References

  1. ↑ Press, N. M. (2021-11-22). "Axxela announces its long-term Issuer and Issue ratings upgrade from BBB+ to A-(NG) with a Stable Outlook from GCR". Nairametrics. Retrieved 2023-06-18.
  2. ↑ "How Axxela is transforming Nigerian industries with natural gas". www.worldfinance.com. Retrieved 2023-06-18.
  3. ↑ Releases, APO Press (2022-04-04). "Helios Investment Partners and Sojitz Corporation start collaborations in West African gas downstream businesses". The Guardian Nigeria News - Nigeria and World News. Retrieved 2023-06-18.
  4. ↑ Shosanya, Mohammed. "Japan Coys Explains Acquisition Of 25% Stake In Nigeria's Axxela". Independent NG. Retrieved 2023-06-18.
  5. ↑ Asu, Femi (2019-12-05). "Gas critical to Nigeria, others' industrialisation — Axxela". Punch Newspapers. Retrieved 2023-06-18.
  6. ↑ Oladipo, Oladehinde (2019-04-05). "Axxela now 100% owned by Helios". Businessday NG. Retrieved 2023-06-18.
  7. ↑ BusinessDay (2021-03-04). "Axxela Completes Another 18km Natural Gas Pipeline in South West Nigeria; Achieves First Gas to Rite Foods Factory in Ososa". Businessday NG. Retrieved 2023-06-18. {{cite web}}: |last= has generic name (help)
  8. ↑ Nigeria, Guardian (2021-06-12). "Axxela receives Energy Leadership Excellence Prize of the Decade". The Guardian Nigeria News - Nigeria and World News. Retrieved 2023-06-18.
  9. ↑ Report, Agency (2021-06-18). "Axxela wins leadership prize, pledges investment in energy". Punch Newspapers. Retrieved 2023-06-18.
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