On Monday, December 29, 2025, Geregu Power Plc announced a shift in its ultimate beneficial ownership following a restructuring at its majority shareholder, Amperion Power Distribution Company Limited.
The change comes after MA’AM Energy Limited acquired a 95% equity stake in Amperion, becoming its new controlling shareholder, according to a regulatory filing with the Nigerian Exchange Limited (NGX).
The transaction, completed on December 29, transfers control of Amperion to MA’AM Energy Limited, this is according to a statement signed by the Company Secretary, Gbeminiyi Shoda, and filed with the Nigerian Exchange Limited (NGX).