Helios investment Partners completes sale of interest in Axxela

Helios Investment Partners (“Helios”), a leading Africa-focused private investment firm today announced the completion of the sale of their 75% equity interest in Axxela Limited (“Axxela” or the “Company”), held through Glover Gas & Power B.V. (“Glover B.V.”), to BlueCore Gas InfraCo Limited (“BlueCore”), a strategic alliance of Afrigaz Energie LLP (a portfolio company of Stanbic IBTC Infrastructure Growth Fund), Levene Energy Development Limited, emPERSAND Limited, and energy& LLP, united in accelerating gas-and-power development across Nigeria and the broader West African region.

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