SPG is the largest privately owned vertically integrated power company in Sub-Saharan Africa, with plans to expand its generation capacity to exceed 5,000MW by 2026.
Our portfolio includes Egbin Power Plc. (the largest thermal power plant in Sub Saharan Africa ex. South Africa), Afam, Eleme, Trans Amadi and Omoku Plants.
SPG successfully acquired majority shareholding stakes in 2 of the Power Holding Company of Nigeria (PHCN) assets under the privatization initiative of the Nigerian Government, namely Egbin Power Plc and Ikeja Electric Plc (one of the largest power distribution companies in Sub-Saharan Africa).
In addition, SPG also acquired a 70% stake in First Independent Power Limited (FIPL). This acquisition reinforced the quest of SPG to enhance its competitive advantage in the sector, whilst looking to deliver world-class power solutions through investments across Africa.
Sahara is a key shareholder in some African refineries, some of which include; Societe Ivorienne de Raffinage (SIR), Societe Africaine de Raffinage (SAR) refinery to mention a few, facilitating the refining of its own crude oil in order to capture the full value of the product transformation.
Key commodity area of focus includes:
Liquids: Including crude oil, mid distillates, fuels, light ends
Midstream: Dry and wet bulk freight, transmission, pipeline, and storage capacity
Sahara’s global trading hub adds value by identifying opportunities in commodity trading and deploying bespoke strategies to reconcile gaps between supply and demand through logistics, storage, and processing.
Our team of brilliant traders around the globe leverage on local knowledge thus providing logistical expertise to meet our customers’ requirements. The business has a superior track record of delivering strong performance backed by global financial institutions. The business has a strong risk management framework and the business model initiates physical commodity transactions while securing the margin through appropriate risk management.
Generation & Distribution
With a 70% stake acquired by Sahara in 2014, the Egbin thermal plant located in Lagos, Nigeria, has capacity to generate of 1,320MW through 6 x 220 MW Hitachi dual fired (Gas & LPFO) turbines. Egbin Power has braved systemic challenges in the power sector in Nigeria, exceeding its post -privatization targets and currently looking to expand the existing capacity to at least 5000MW in the near future.
With a 70% stake acquired by Sahara in 2014, the Egbin thermal plant located in Lagos, Nigeria, has capacity to generate of 1,320MW through 6 x 220 MW Hitachi dual fired (Gas & LPFO) turbines. Egbin Power has braved systemic challenges in the power sector in Nigeria, exceeding its post -privatization targets and currently looking to expand the existing capacity to at least 5000MW in the near future.
