Country
Nigeria
Sector
Energy
Intelligence Type
Capital
Status / Stage
Active
Confidence
Confirmed
Latest Development
Paras Energy Funding SPV Plc listed a bond on FMDQ in H1 2026 to finance power infrastructure development. Paras Energy is one of Nigeria’s largest private gas and power companies, operating gas processing plants, power plants and CNG distribution across Nigeria. This is one of a small number of Nigerian energy company bond issuances in H1 2026.
Capital Details
Capital TypeSPV bond — energy infrastructure
Investor / FinancierNigerian institutional investors
Recipient / BorrowerParas Energy Funding SPV Plc
Purpose of CapitalGas and power infrastructure development and expansion
Financing StructureSPV bond backed by Paras Energy's project cash flows.
Market Significance
One of very few Nigerian private energy company bonds in H1 2026 — signals growing depth of domestic capital markets support for the power sector beyond the banking sector.
Commercial Opportunity Intelligence
Commercial ReadinessCommercially Active
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)Nairametrics (July 22, 2026 — H1 2026 bond review); FMDQ exchange
Source DateH1 2026