Elektron Energy Development Strategies Limited "Elektron" was founded in 2011 as an energy trading outfit in Lagos, Nigeria. Over the years, we have evolved into an energy infrastructure platform company, leveraging our team's unique commercial, technical, financial, and regulatory expertise to develop and operate prime energy infrastructure projects in West Africa, with a focus on Nigeria.
Our concept of 'prime' projects encompasses sustainable infrastructure assets with long-term contractual off-takes, backed by creditworthy counterparties in stable regional markets with sound economic and geopolitical fundamentals.
With over 200 years of combined experience, our team excels in developing, acquiring, and financing regional energy infrastructure assets. We thrive on the challenges of project development and operations, applying proven solutions for clients, flexible execution to deal with local realities, and ensuring tangible profitability.
To drive the emergence of a regional energy grid based on cleaner gas and renewable resources
To be the leading developer of a resilient domestic energy grid, utilising the best sustainable resources for lasting impact
At Elektron, we are committed to driving innovation and creating long-term value for all our stakeholders. We continuously explore cutting-edge technologies and develop innovative solutions to address the complex challenges in the domestic energy supply sector.
Our staged development plan leverages our extensive knowledge and execution capabilities, along with strategic partnerships across technical, regulatory, and financial domains. This collaborative approach allows us to optimize resources, mitigate risks, and deliver high-impact projects that generate sustainable value for stakeholders.
We have a comprehensive strategic roadmap spanning power, renewables and transitional gas infrastructure verticals, with a robust project development bank. By fostering a culture of innovation and stakeholder-centricity, we aim to attract funding from both traditional and renewable energy investors. This ensures the financial sustainability and scalability of our projects, enabling us to make a lasting positive impact on the communities we serve.
At Elektron, we are dedicated to delivering energy solutions that not only meet the needs of the present but also contribute to a greener, more resilient future for generations to come. We believe that by driving energy supply innovation we can accelerate the transition to a sustainable energy future and make a meaningful difference in the lives of people and businesses.
At Elektron, our values guide everything we do
We strive for the highest standards in everything we do, delivering outstanding results that drive growth and innovation.
We build lasting relationships through honesty, integrity, and reliability. Trust is at the core of all our actions.
We foster a culture of transparency and inclusivity, welcoming diverse perspectives and open communication in all areas of our business.
Collaboration is key to our success. We believe in the power of working together to achieve common goals.
We take the initiative and responsibility for our actions, empowering every team member to contribute meaningfully and drive collective success.
We take the initiative and responsibility for our actions, empowering every team member to contribute meaningfully and drive collective success.
Tola has led Elektron since inception, with extensive experience in energy, business development, banking,and management. He began at Merrill Lynch and was VP in Structured Products at JP Morgan and Credit Suisse. Before Elektron, he consulted for Vitol SA, originating $2B+ in transactions in West Africa.
New York University (MBA),Carnegie Mellon (MSc), Rutgers (BSc).
Deen co-leads Elektron focused on group strategy and finance. Formerly, he was an executive at Oando Plc, and a consultant on energy infrastructure projects to institutional investors and international developers in West and Central Africa.
Prior to that, Deen spent over 10 years in investment banking spanning Goldman Sachs, E&Y, Rothschild and West LB AG.
Yale University (MBA), American University(BSc)
Nicholas oversees project execution for EPI assets, including the 30MW VIPL project. As the pioneer project manager at Azura Power, he played a key role in the development of the 461MW Azura-Edo IPP, leading land acquisition, the resettlement of 1,000 people, and the disbursement of $10 million in compensation. He also managed site operations, ensuring minimal disruptions and achieving zero LTI after 5 million manhours. With experience at UNDP Kosovo and as GM Operations at Greenville LNG, Nicholas brings deep expertise in project management and operations.
LL.M, University of Aberdeen.
Dade leads Elektron Renewables with 10+ years in strategy consulting, ERP, energyinfrastructure, and client management. He drove the Azura-Edo IPP and Afam Power Plant acquisition at Amaya Capital and Taleveras.
Dade holds an Agricultural Economics degree from LAUTECH and is a certified SAP Financial Accountant.
Ajumo brings 35+ years’ deep expertise in Nigerian Power, Oil; Gas from Negris and Energy Company Nigeria. His experience spans engineering, project development, feasibility studies, and O&M. He has served as Lender’s Advisor for 350MW-500MW Omotoso and Egbema.
He is MNSE, MIEEE, MIET, COREN, M Cost.E, FNICA-certified.
Funlola, a project finance expert, secures financing, advises on acquisitions, and manages stakeholders for Elektron’s infrastructure projects. Skilled in due diligence, debt structuring, and fundraising, she has delivered complex Energy, Infrastructure, Transportation, and Power projects.
She has an Economics degree from the University of Leeds, a Business Management Master’s from Aston University. She is a CFA Level II candidate.
Jide, an ACCA Fellow and CPA, with 10+ years of expertise in finance, has successfully led debt refinancing, acquisition bids, and driven post-acquisition efficiencies. Skilled in liquidity management, investment strategies, and cash flow planning.
Jide holds an MBA from Imperial College London and a BSc from the University of Lagos.
Chinasa, a supply chain leader with 20 years of experience in oil and gas and telecom, has managed $150M+ in spend. She has led oil & gas turnaround maintenance, MRO catalogs and IT projects. Expertise in SCM, project management, warehousing, and logistics.
She holds an MBA from UNILAG and a B.Eng: Chemical Engineering from ESUT. CISCM,CISCP and PRINCE2 certified.
Olubukola Onilede is a seasoned HR professional with over a decade of expertise in talent management, employee relations, and HR operations. She established and led the HR department at Elektron Energy, developing strategic policies that drive business growth. A trusted partner to business leaders, she delivers HR solutions aligned with organizational objectives.
Olubukola holds an MBA from the University of Lagos, a BSc in Industrial Chemistry, and is a certified member of the Chartered Institute of Personnel Management (CIPM). She is also an alumna of Lagos Business School.
Sianny brings extensive renewable energy expertise in project leadership, business development, investor engagement and capacity building. She played a pivotal role in building a RE crowdfunding startup in the EU and led Greenpeace Africa’s Community Energy Accelerator project in South Africa.
MSc, University College London; BSc, Penn State University.
Ayomide has 13+ years of experience in financial and economic analysis, natural gas distribution, IPPs, and captive power plants. He brings extensive industry knowledge to Elektron’s project initiation and development efforts. Prior to Elektron, he played a key role in a $250M divestiture, $25M equity raise, and several LBOs.
University of Cape Town (MBA), University of Maryland (BSc), CFA (Level 3 Candidate).
Funlola, a project finance expert, secures financing, advises on acquisitions, and manages stakeholders for Elektron’s infrastructure projects. Skilled in due diligence, debt structuring, and fundraising, she has delivered complex Energy, Infrastructure, Transportation, and Power projects.
She has an Economics degree from the University of Leeds, a Business Management Master’s from Aston University. She is a CFA Level II candidate.
Ajumo brings 35+ years’ deep expertise in Nigerian Power, Oil; Gas from Negris and Energy Company Nigeria. His experience spans engineering, project development, feasibility studies, and O&M. He has served as Lender’s Advisor for 350MW-500MW Omotoso and Egbema.
He is MNSE, MIEEE, MIET, COREN, M Cost.E, FNICA-certified.
Before assuming the role of Executive Director of Elektron Renewables, Dade led the business at CrossBoundary Energy, providing renewable energy solutions to the West and North African markets. He also directed client engagement at Amaya Capital, focusing on large-scale utility projects. Dade worked with the team responsible for developing the 461MW Azura-Edo IPP, facilitated the acquisition of the 776MW Afam Power Plant and Port-Harcourt Disco and co-led funding for a 180MW IPP in Rivers State.
He has a degree in Agricultural Economics from LAUTECH and is a certified SAP Financial Consultant.
Olubukola, a seasoned HR professional with over a decade of expertise in talent management, employee relations, and HR operations. She established and led the HR department at Elektron Energy, developing strategic policies that drive business growth. A trusted partner to business leaders, she delivers HR solutions aligned with organizational objectives.
An alumna of Lagos Business School, Olubukola holds an MBA from the University of Lagos and a BSc in Industrial Chemistry. She is also a certified member of the Chartered Institute of Personnel Management (CIPM).
Nicholas oversees project execution for EPI assets, including the 30MW VIPL project. As the pioneer project manager at Azura Power, he played a key role in the development of the 461MW Azura-Edo IPP, leading land acquisition, the resettlement of 1,000 people, and the disbursement of $10 million in compensation. He also managed site operations, ensuring minimal disruptions and achieving zero LTI after 5 million manhours. With experience at UNDP Kosovo and as GM Operations at Greenville LNG, Nicholas brings deep expertise in project management and operations.
LL.M, University of Aberdeen.
Jerry, a finance professional with 15+ years in financial management, project execution, operations, strategy, and business development, has held COO, Head of Strategy/ Business Development, and Finance Advisor roles at Duport Midstream, Waltersmith, and Oilserv and have advised a US$250m hospitality project, operationalized a US$115m SBU’s, closed a US$50m downstream asset, and fundraised acquisition of a US$12m infrastructure asset.
He began his career at KPMG and Alliance Consulting.
Chinasa, a supply chain leader with 20 years of experience in oil and gas and telecom, has managed $150M+ in spend. She has led oil & gas turnaround maintenance, MRO catalogs and IT projects. Expertise in SCM, project management, warehousing, and logistics.
She holds an MBA from UNILAG and a B.Eng: Chemical Engineering from ESUT. CISCM,CISCP and PRINCE2 certified.
Jide, an ACCA Fellow and CPA, with 10+ years of expertise in finance, has successfully led debt refinancing, acquisition bids, and driven post-acquisition efficiencies. Skilled in liquidity management, investment strategies, and cash flow planning.
Jide holds an MBA from Imperial College London and a BSc from the University of Lagos.
Sianny is a seasoned renewable energy leader with extensive experience advancing energy access and capacity-building initiatives across the nonprofit and private sectors in Africa and the EU. Prior to joining Elektron, she played a key role in building a Greenpeace-owned renewable energy crowdfunding startup, bridging investors with high-potential projects. She has also led capacity-building programs, mentoring entrepreneurs in developing countries to establish sustainable community energy businesses. With expertise in project management, business development, and operational strategy, she excels at optimizing processes and driving high-impact solutions that expand access to clean, sustainable energy.
MSc, University College London; BSc, Penn State University.
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Tola has led Elektron since inception, with extensive experience in energy, business development, banking,and management. He began at Merrill Lynch and was VP in Structured Products at JP Morgan and Credit Suisse. Before Elektron, he consulted for Vitol SA, originating $2B+ in transactions in West Africa.
New York University (MBA),Carnegie Mellon (MSc), Rutgers (BSc).
Deen co-leads Elektron, focused on group strategy and finance. Formerly, he was an executive at Oando Plc, and a consultant on energy infrastructure projects to institutional investors and international developers in West and Central Africa.
Prior to that, Deen spent over 10 years in investment banking spanning Goldman Sachs, E&Y, Rothschild and West LB AG.
Yale University (MBA), American University(BSc)
Dere, is a seasoned business leader, with multiple investments across the power infrastructure space in Nigeria. He is Chairman to Eko Electricity Distribution Company, Daar Communications, and Food Emporium Intl. (South Africa).
Dere also serves on Delta State Government’s Economic Advisory Team.
Houston Baptist University(BSc).
Segun is the CEO & Managing Director of Evergreen Apple Nigeria Limited, the owner and operator of the first Fixed Base Operator airstrip and aircraft maintenance facility in Lagos.
He began his career with Alliance Bernstein, a leading investment management firm on Wall Street.
Marist College (BSc).
Ani is Chairman of Senforce Insurance Brokers Limited. He has over 25 years of entrepreneurship and project management experience.
He is a non-executive director at Merton energy and Seaforce Investments Ltd.
Thames Valley University (HND) ITTL-DRC University (MBA).
Femi is a telecommunications executive and entrepreneur with 15+ years of experience in M&A, corporate development, business re-engineering, IT consultancy, and startups.
He is the CEO of Comenergy, a director at CIL Acquico, and a board member at VFD Group Plc and Piggyvest.
Femi holds an MBA from UNILAG and a BSc from LASU.
