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| Formerly | Oando Gas & Power Limited (2017) |
|---|---|
| Industry | Energy & Utilities |
| Founded | 2000; 25 years ago (2000) |
| Headquarters | Lagos, Nigeria |
| Key people | Bolaji Osunsanya (CEO) |
| Products | Natural Gas, Power, Energy Infrastructure Development |
| Parent | Helios Investment Partners LLP |
| Website | www.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.
Background
Owned by Helios Investment Partners LLP and Sojitz Corporation company, it is headquartered in Lagos, Nigeria.
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.
Axxela is the first privately owned, independent company registered gas shipper on the West African Gas Pipeline (WAGP) and in 2021 received the Energy Leadership Excellence Award of the Decade from the African Institute for Leadership Excellence.
References
- 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.
- "How Axxela is transforming Nigerian industries with natural gas". www.worldfinance.com. Retrieved 2023-06-18.
- 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.
- Shosanya, Mohammed (12 April 2022). "Japan Coys Explains Acquisition Of 25% Stake In Nigeria's Axxela". Independent NG. Retrieved 2023-06-18.
- Asu, Femi (2019-12-05). "Gas critical to Nigeria, others' industrialisation — Axxela". Punch Newspapers. Retrieved 2023-06-18.
- Oladipo, Oladehinde (2019-04-05). "Axxela now 100% owned by Helios". Businessday NG. Retrieved 2023-06-18.
- 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) - "Axxela receives Energy Leadership Excellence Prize of the Decade". The Guardian Nigeria News - Nigeria and World News. 2021-06-12. Retrieved 2023-06-18.
- Report, Agency (2021-06-18). "Axxela wins leadership prize, pledges investment in energy". Punch Newspapers. Retrieved 2023-06-18.