Tetracore Energy Group, through its subsidiary, Tetracore Power Company Limited, has announced the commencement of power generation and distribution from Phase I of its 100MW Atakobo Independent Power Generation and Distribution System (Atakobo IPP).
The development marks the transition of the Atakobo IPP from the development stage into active generation, distribution, and commercial operations, further reinforcing the company’s execution capacity across the gas-to-power value chain.
The company also confirmed the execution of Power Purchase Agreements (PPAs) with industrial off-takers, with electricity supply already being delivered under existing commercial arrangements.
According to the firm, the milestone represents a significant step in its strategy to build scalable and integrated energy infrastructure capable of driving industrial growth and improving energy reliability in Nigeria.
The Atakobo IPP forms part of Tetracore Energy Group’s broader integrated energy platform designed to provide reliable, scalable, and sustainable electricity solutions for industrial and commercial clusters.
Phase I of the project currently delivers 20MW of electricity, with plans to scale capacity to 100MW. The project is backed by about 80 kilometres of 33kV transmission and distribution infrastructure, including secured Right of Way (ROW) corridors to support efficient power evacuation and distribution across the Ijebu Ode–Ijebu-Itele industrial corridor in Ogun State.
Speaking on the development, Olakunle Williams said the commencement of operations at the Atakobo IPP reflects the company’s commitment to strengthening Nigeria’s industrial and energy infrastructure.
“Sustainable industrial growth requires reliable power, and through integrated energy projects such as Atakobo, we are creating scalable solutions capable of supporting long-term economic development,” he said.
