Genser Energy Secures EUR 456M Financing to Accelerate Next Phase of Growth Across West Africa

Strategic financing arranged by RMB, Absa and Standard Bank supports continued investment in critical energy infrastructure and regional expansion

WASHINGTON, DC, UNITED STATES, August 17, 2026 /EINPresswire.com/ -- Genser Energy Investments LLC ("Genser" or the "Company"), a leading integrated energy company in West Africa, today announced the successful completion of a EUR 456M term and revolving credit facilities package arranged by First Rand Bank Limited (acting through its Rand Merchant Bank Division) (“RMB”), Absa Bank Limited (acting through its Corporate and Investment Banking division) (“Absa”), and the Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking Division) (“Standard Bank”).

The funds provide working capital to support the completion of ongoing EPC projects, strengthen the Company's balance sheet, and provide additional financial flexibility to support its strategic priorities and continued growth.

The financing marks another significant milestone in Genser's long-term strategy, strengthening the Company's financial platform while supporting continued investment in strategic energy infrastructure, operational expansion and new growth opportunities across West Africa.

The transaction builds on Genser Energy Ghana’s landmark USD 428M corporate refinancing and Genser Energy d’Ivoire SA’s EUR 200m equipment loan facility completed in 2025, demonstrating the Company's continued ability to attract support from leading financial institutions as it expands its integrated gas-to-power platform.

"Since day one, Genser has taken a long-term approach to building energy infrastructure across West Africa," said Baafour Asiamah-Adjei, CEO of Genser Energy. “This financing reflects the confidence our financial partners continue to place in that vision, and we are grateful for the support of RMB, Absa and Standard Bank. As we continue to grow, our focus remains unchanged: investing in large-scale infrastructure that delivers reliable energy, supports industry and creates long-term value for the countries and communities we serve.”

The financing follows Genser's successful strategic shareholder transition, announced in July 2026, and marks another important milestone as the Company enters its next phase of growth and continues to expand its integrated energy platform.

Later this year, Genser expects to commission the Gas Conditioning Plant (GCP) and the Takoradi Natural Gas Liquids Export Terminal (TNET), marking another important milestone in the Company's evolution.

The recent financing provides additional flexibility to support continued investment in Ghana while advancing Genser's expansion into Côte d'Ivoire and other strategic West African markets.

About Genser Energy
Founded in 2006, Genser Energy is a privately owned integrated energy solutions and infrastructure company focused on supporting industrial growth and energy security across West Africa. The company has an installed generation capacity of more than 334 MW and owns and operates a 436-kilometre privately developed natural gas pipeline network across Ghana. It is also completing major midstream infrastructure projects, including a Gas Conditioning Plant and NGL Export Terminal. Genser Energy supplies power to industrial clients and utilities in Ghana and participates in cross-border power exports across the region. Built for impact. Engineered for growth. For more information visit www.genserenergy.com

About RMB:
RMB is a leading African Corporate and Investment Bank (CIB). We partner our clients to deliver advisory, lending, trading, securities, corporate banking, private equity and investment solutions. A presence in London, New York, Shanghai and Mumbai provides our global clients with a network to access African markets. We have a deal footprint in 35 African countries and facilitate cross-border trade and investment on the continent. RMB represents the CIB activities of FirstRand Limited – one of the largest financial services groups in Africa. RMB is made of Africa – our commitment to our clients, our continent and our people is evident in our successful track record. We create new opportunities where others see challenges. For more information visit www.rmb.co.za.

About Absa:
Absa Group Limited is one of Africa’s largest diversified financial services providers, listed on the Johannesburg Stock Exchange and serving millions of customers across 16 countries. With over a century of experience on the continent, Absa draws on deep local insight and global reach across its retail, business, wealth management, corporate and investment banking franchises to deliver a full spectrum of financial solutions that support individuals, businesses, and institutions at every stage of their journey. We are Africa’s largest funder of renewable energy and the leading financier of agriculture in South Africa, with a proven record of banking innovation that has earned us multiple industry awards. Guided by our philosophy – Empowering Africa’s tomorrow, together… one story at a time – we are building a purpose-led, customer-focused institution that drives sustainable growth across the continent. More information: https://cib.absa.africa/

About Standard Bank:
Standard Bank Group is the largest African bank by assets, operating in 21 African countries, 4 global financial centres and 2 offshore hubs. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange, with share code SBK, and the Namibian Stock Exchange, share code SNB. Standard Bank has a 163-year history in South Africa and started building a franchise outside southern Africa in the early 1990s. Our strategic position, which enables us to connect Africa to other select emerging markets as well as pools of capital in developed markets, and our balanced portfolio of businesses, provide significant opportunities for growth. As at 30 June 2026, Standard Bank Group had 19.5 million clients, employed over 51 000 people (including Liberty) and had over 1 200 points of representation and over 5 500 ATMs across the African continent. The group’s largest shareholder is the Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 19.7% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets. For further information, go to http://www.standardbank.com

Notes to Editors:
This announcement relates solely to Genser Energy and its financing transaction. Media enquiries regarding RMB, Absa or Standard Bank should be directed to the respective institutions. Genser Energy will not comment on behalf of any participating financial institution.

Anna KLAPPER
Genser Energy
+1 202-957-7454
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