- The new investment will strengthen Falcon’s expansion across Nigeria’s gas infrastructure network.
- Falcon plans to accelerate its LPG and pipeline projects to improve supply reliability and efficiency.
Falcon Corporation has secured a strategic investment that strengthens its role within Nigeria’s gas value chain. The new funding comes from Energy& LLP, a subsidiary of EverCorp Industries. The deal signals a fresh phase of growth for Falcon Corp, and it reflects rising investor confidence in the nation’s gas industry. The introduction of this investment also underscores the company’s growing presence across Nigeria’s gas value chain.
The announcement followed Energy& LLP’s acquisition of equity previously held by BKM & S Konsult Limited. Falcon confirmed that the agreement, finalised in Lagos, adds significant momentum to its long-term expansion plans. The company views the investment as a decisive vote of confidence in indigenous operators that support industrialisation and energy security.
Falcon Corporation, founded by Professor Joe Ezigbo and Audrey Joe-Ezigbo, has been operating in Nigeria’s energy sector for over three decades. The company focuses on gas pipeline infrastructure, natural gas sourcing and supply, and LPG storage, sales and distribution. It continues to maintain a prominent presence across the country’s fast-growing energy landscape.
Audrey Joe-Ezigbo described the partnership as a strategic step that strengthens Falcon’s growth ambitions. She explained that the new capital will support the expansion of pipeline networks. It will also drive progress on Falcon’s ample LPG storage and jetty facility in Rivers State. She noted that the company aims to boost supply reliability and improve operational efficiency.
Professor Joe Ezigbo expressed satisfaction with the transaction. He emphasised that the partnership goes beyond financial backing. It aligns with national goals that promote cleaner and more affordable energy for industries and households. He added that Falcon intends to build a resilient and future-ready energy enterprise.
Falcon’s Chief Financial Officer, Nelson Walter, coordinated stakeholder engagements during the process. He stated that the successful close of the deal gives Falcon fresh capital to accelerate growth. He also noted that the company will strengthen its competitive position as it broadens its service base.
Meanwhile, EverCorp’s Chief Strategy Officer, Tsola Barrow, said the investment supports projects that deliver real national impact. He emphasised that gas remains crucial to industrial growth and the energy transition. He added that Falcon’s track record made the partnership a natural choice.
Falcon confirmed that it secured all required approvals, including those from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Vetiva Advisory Services acted as financial advisers, while Detail Solicitors and Templars served as legal advisers.