Koral Energy is a private company, which was established to leverage emerging opportunities in Africa’s energy sector.
Koral was established to leverage emerging opportunities in Africa’s energy industry, with an initial focus on Nigeria. The company recognised that in a low oil price environment, and with a broad need for industry and financial re-structuring, its ability to bring financial expertise to support the industry would be attractive to a range of existing asset owners. With both asset owners and service providers facing both pricing pressure, and disruption to production following a period of instability in the region, demand for investors willing to provide both equity and innovative financing structures is high.
"We believe there is a significant opportunity in Nigeria’s energy sector, with a range of assets potentially available to companies like Koral, who can bring innovative financial skills combined with an understanding of African markets.” - Patrick Vallette d'Osia; Managing Director, Koral.