Elektron Finance SPV Plc, a funding vehicle wholly owned by Elektron Energy Development Strategies Limited (“Elektron”), an energy infrastructure development group based in Nigeria, has announced the launch of its N200 billion Bond Issuance Programme.
The company emphasized in a statement shared with Nairametrics dated August 11 that the commercial operation of its 30MW gas-fired embedded generation plant located in Victoria Island, Lagos, is scheduled to begin in 2026.
Proceeds from the bond will be deployed towards the development of the plant, the statement highlighted.
