TEMPLARS has advised Energy& LLP, a subsidiary of EverCorp Industries, on its acquisition of a strategic equity stake in Falcon Corporation, marking a significant step in advancing its growth across Nigeria’s gas value chain.

Our mandate covered full transaction support, including due diligence, transaction documentation and securing regulatory approvals from the Nigerian Midstream and Downstream Petroleum Regulatory Authority and the Federal Competition and Consumer Protection Commission.

Energy& LLP is a fast-growing infrastructure company focused on accelerating gas utilisation and energy transition across Nigeria and West Africa. The company is developing an integrated gas value chain that promotes industrial growth and sustainable energy access.

Falcon Corporation is a leading indigenous operator in Nigeria’s gas sector, with activities spanning pipeline infrastructure development, natural-gas sourcing and supply, and the storage, sales and distribution of liquefied petroleum gas (LPG).

Energy& LLP’s investment will fast-track the expansion of Falcon’s gas pipeline and distribution network and accelerate the development of a large-scale LPG storage and jetty facility in Rivers State, strengthening supply reliability, operational efficiency and safety across Falcon’s asset base.

The TEMPLARS team was led by Partner, Dayo Okusami, with support from Senior Associate, Damilola Oshodi, and Associates, Adebimpe MacGregor and Gracia Bonire.