Nigeria-EU Business Forum

Creek Transitway Ltd

Company description

Creek Transitway Ltd (CTL) is a Nigerian energy infrastructure company focused on LNG, CNG, gas-to-power, and sustainable mobility solutions.

The company develops clean energy infrastructure projects that support industrial growth, affordable transportation, telecom energy reliability, and rural energy access across Nigeria.

CTL is actively advancing LNG distribution, FLNG, CNG infrastructure, and hybrid energy projects aligned with Nigeria’s energy transition goals.

Team

Creek Transitway Ltd is led by an experienced, multidisciplinary team with deep expertise across gas infrastructure, LNG operations, energy finance, and large-scale project execution.

The team brings a combined experience of over 250 years across the energy sector.

Countries of operation

Nigeria

Ownership of company

Nigeria

Year of incorporation

2026

Number of years since incorporated

0

Project pitch

Creek Transitway Ltd’s Gas2Telco Project is a scalable clean energy infrastructure platform designed to decarbonize Nigeria’s telecom tower network while enabling clean fuel access for transport.

Nigeria operates over 40,000 telecom towers, more than 90% of which rely on diesel, consuming over ₦2.5 trillion annually and exposing operators to rising fuel costs, outages, and emissions.

CTL replaces diesel with LNG-based distributed power systems delivered under an Energy-as-a-Service (EaaS) model, providing reliable baseload power at approximately ₦500/kWh—around 45–65% lower than the total cost of diesel-powered alternatives.

The project integrates a complete LNG value chain, including:

  • Modular LNG production
  • Cryogenic logistics
  • On-site regasification
  • Power generation

Initial deployment targets a 50-site pilot and is designed to scale to more than 17,000 telecom sites. The company is currently engaged with one of Nigeria’s largest telecommunications operators to support deployment.

The project demonstrates strong commercial viability, with projected EBITDA margins of approximately 19.5% during Phase 1 and up to 35% at scale through localized LNG production.

A key innovation is the integration of micro-CNG refuelling stations within the same gas supply network. LNG delivered for telecom power is partially converted to CNG at strategically located hubs, creating dual-use energy infrastructure that serves both telecom towers and mobility markets.

This approach:

  • Expands affordable CNG access for commercial transport fleets
  • Reduces fuel costs
  • Lowers greenhouse gas emissions
  • Maximizes the efficiency of existing gas logistics infrastructure

The model is anchored by long-term telecom offtake demand, significantly reducing investment risk while simultaneously unlocking an adjacent clean transportation market.

CTL has already secured early-stage traction with telecom operators, government institutions, transport unions, and financing partners supporting CNG vehicle adoption.

The project aligns strongly with EU priorities on climate action, sustainable infrastructure, and energy transition, providing a commercially viable platform for scaling clean energy access across Nigeria and West Africa.

Type of Project

Climate-Aligned Energy Infrastructure Project Supporting Digital Connectivity and Sustainable Transport

Stage of project

Early Stage (Pre-Revenue)

Total project cost (in EUR)

€15.6 million

Annual revenue (in EUR)

N/A

Number of employees

Fewer than 10 employees

Financing needs (in EUR)

€15.6 million

Type of financing needed

Debt and Equity Financing (90% Debt / 10% Equity)

Planned allocation of fundraising capital
  • Equipment Procurement — 70%
  • Construction Costs — 20%
  • Operating Costs — 10%
Email

elijahwisdombenjamin@gmail.com

Website/URL

www.creektransitway.com

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