Odu’a Investment, Elektron Energy seal $40m deal to deliver 50MW Ogba IPP

Apr 17, 2026 - 09:00
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Odu’a Investment, Elektron Energy seal $40m deal to deliver 50MW Ogba IPP
ODU’A Investment Company Limited has entered into a $40m partnership with Elektron Energy Development Strategies Limited (Elektron) to develop a 50-megawatt (MW) gas-fired Independent Power Plant (IPP) at the former Cocoa Industries Limited (CIL) Complex within the Ogba Industrial Estate in Ikeja, Lagos. The IPP is expected to deliver dedicated, reliable electricity directly to industrial […]

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