Energy& LLP Acquires Stake In Falcon Corp

Falcon Corporation Limited has announced that Energy& LLP, a subsidiary of EverCorp Industries, has acquired an equity stake in Falcon Corporation.

This follows BKM & S Konsult Limited’s divestment of its equity holding, which Energy & LLP has now acquired.

The investment by Energy& LLP reflects the Company’s conviction in the long-term fundamentals of Nigeria’s gas sector and the critical need for resilient indigenous players that can build the infrastructure required to power industrialisation, strengthen energy security and support the nation’s transition to more efficient energy sources.

Founded by Professor Joe Ezigbo and Mrs Audrey Joe-Ezigbo, Falcon Corporation operates in pipeline gas infrastructure, Natural Gas sourcing and supply, and Liquefied Petroleum Gas (LPG) storage, sales and distribution and has consistently demonstrated resilience and leadership within Nigeria’s energy landscape for over 31 years.

Speaking on the transaction, co-founder and deputy managing director of Falcon Corporation, Mrs Audrey Joe-Ezigbo, described the partnership as “a timely and strategic step that reinforces Falcon Corporation’s long-term vision to deepen its investments across the gas value chain while maintaining its strong indigenous footprint”.

She added that, with this investment, Falcon Corporation is positioned to expand its gas pipeline and distribution networks for industrial customers, accelerate development of its large-scale LPG storage and jetty facility in Rivers State, improve supply reliability, operational efficiency and safety across its gas assets, and accelerate growth across its core business areas.

Similarly, founder and managing director of Falcon Corporation, Prof. Joe Ezigbo, expressed his satisfaction with the successful close of the transaction, noting that , “this partnership represents more than a financial investment; it is a strategic alignment that supports Nigeria’s goal of increasing domestic gas utilisation and delivering cleaner, more affordable energy to industries and households; and aligns with Falcon Corporation’s broader ambition to build a resilient, future-ready energy enterprise”.