Audio By Carbonatix
Genser Energy has bought back the entire stake held by Oppenheimer Partners, completing the investment firm’s exit after five years and marking a new phase in the Ghanaian energy company’s regional expansion.
The privately owned energy infrastructure company said it had redeemed the full shareholding previously held by OP Energy Holdings Limited, ending Oppenheimer Partners’ investment in the business.
Oppenheimer Partners first invested in Genser Energy as a preferred shareholder in 2021 before converting its holding into common equity in 2023, when it acquired a 40.4% stake.
The latest transaction concludes that investment and returns the shares to Genser Energy.

Founded in 2006, Genser Energy has grown into one of West Africa’s integrated energy companies, supplying electricity to industrial customers and utilities while investing in natural gas infrastructure.
Before Oppenheimer Partners’ investment, the company had developed five operating power plants and a 325-km natural gas pipeline network, becoming a key supplier of energy to Ghana’s industrial sector.
During the investment period, Genser expanded its infrastructure by adding about 110 km of natural gas pipeline, constructing a 200 million standard cubic feet per day gas conditioning plant in Prestea and entering Côte d’Ivoire through cross-border electricity exports.
“This transaction marks an important milestone for Genser Energy and reflects the strength of the business we have built over the past two decades,” Baafour Asiamah Adjei, the company’s founder, president and chief executive, said.
Chairman Nana Osae Nyampong said the buyback would enable the company to focus on its next phase of growth.
“As we look ahead, we remain focused on expanding our regional presence and creating long-term value for our customers, communities, employees and shareholders,” Nyampong said.
The transaction comes as infrastructure investors increasingly target Africa’s energy sector, where rising industrial demand and regional power integration are driving investment in gas pipelines, power generation and cross-border electricity trade.
Genser said it remains positioned for further expansion through continued investment in strategic energy infrastructure across West Africa.
The company operates more than 310 megawatts of installed generation capacity and owns a 436-km privately developed natural gas pipeline network in Ghana.
It is also completing major midstream projects, including a gas conditioning plant and a natural gas liquids export terminal, while supplying power to industrial customers and utilities and participating in regional electricity exports.
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