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Ardova-led consortium to acquire Powergas, target 100 CNG sites in 24 months

Verifying
  • Ardova Plc-led consortium agrees to acquire Powergas from A.P. Moller Capital and Impala Energy Holdings.
  • Ardova targets 100 CNG refuelling sites nationwide within 24 months after completion.
  • Completion is expected around end-2026, pending customary closing conditions and regulatory approvals.
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