Delta State, associated gas
Ughelli Modular Site
Evidence tier: In developmentCapacity5.5 MW
Power cost$0.042 /kWh
Capex band$18M to 24M
EnergisationQ3 2028
4 of 9 done, next: permits granted in Q3 2027
Investors
The raise, the risks, and the room.
We are a development-stage company and we do not pretend otherwise. What we offer instead of assets we have not built is complete visibility of where each project actually stands, what every number is based on, and what could go wrong.
The raise
Use of proceeds3 sitesEvidence tier: ModelledAs at August 2026. Financial model v3Ughelli first, then Lagos, then the research cluster.
Why this is investable
-
We hold the scarce input
Everyone else in this market is buying power. The group generates it. That is not a marketing position, it is a balance-sheet one.
-
Revenue does not wait for AI demand
Digital-asset mining monetises the power from energisation. The AI thesis is the upside, not the base case.
-
Modular capex, not a mega-project
Containerised build at a fraction of the roughly $11.3M per MW a conventional Tier III facility costs. Capital deploys in tranches sized to proven energy.
-
The energy has no other buyer
Flared gas earns its producer nothing and carries regulatory risk. That is the basis for a supply price no grid-connected competitor can match.
-
We publish what we do not know
Evidence tiers, a public risk register and published model assumptions. Diligence starts further along with us than it does elsewhere.
Portfolio
Where each project stands
Lagos, group-owned gas generation
Lagos AI Compute Pilot
Evidence tier: ModelledCapacity2.0 MW
Power costTo confirm
Capex band$9M to 12M
Energisation2029
1 of 9 done, next: energy source agreed
Location to be confirmed
HPC Research Cluster
Evidence tier: ModelledCapacityTo confirm
Power costTo confirm
Capex bandTo confirm
Energisation2029
0 of 9 done, next: site identified
Capacity tracker
Every megawatt, labelled by how real it is.
Pipeline is not capacity. We show both, with the stage and the evidence behind each figure.
42 MW identified
0 MW energised today5.5 MW
36.5 MW in assessment, modelled
In development
5.5 MW
Evidence tier: In development To be confirmedAs at August 2026. Ughelli phase oneTo be confirmed The split of the identified pipeline between stages is provisional until management confirms it.
As at August 2026. Updated with each model version. Method and sources on the assumptions page. The method
Documents
Nothing here needs a sales call.
The memo and the capability statement need no NDA. The model and the data room do.
All figures in these documents carry the same evidence tiers used on this site.
Next step
Talk to us directly.
Ask for a briefing here. A data-room request gets a reply within 1 business day.
Quarterly updates
One note per quarter on milestone movement.
Nothing else, ever. When a project changes evidence tier, that is the news.