A.P. Moller Capital, a Danish investment fund, has announced the sale of its stake in Powergas, a major player in compressed natural gas (CNG) in Nigeria, to a consortium led by Ardova Plc and including Diadem Energy. The transaction marks the fund’s exit from its first investment made through its vehicle Africa Infrastructure Fund I…...
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Nigeria: A.P. Moller Capital sells Powergas to Ardova Plc to accelerate the development of compressed natural gas
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