Ardova-led Consortium Buys Powergas as CNG Demand Grows
Infrastructure fund manager A.P. Moller Capital is selling its Nigerian compressed natural gas business, Powergas, to a consortium led by Ardova as demand for CNG continues to grow across Africa’s most populous country. The consortium, which also includes Diadem Energy, will acquire Powergas Global Investments Nigeria and Powergas Ebedei for an undisclosed sum. The businesses […]


















