Kayode Tokede
In a move to further strengthen its asset’s position as one of Nigeria’s leading retail and lifestyle destinations, Grene Capital has announced the completion of a major solar expansion at Jabi Lake Mall in Abuja by 150 per cent.
The original 600 kWp installation established Jabi Lake Mall as Nigeria’s first solar-powered mall and one of the earliest large-scale renewable energy deployments in the country’s retail sector.
The latest expansion, delivered in strategic partnership with Elektron Renewables acting as project developer, builds on that foundation and demonstrates continuity in investment philosophy.
“This project reflects how disciplined, long-term capital investment can strengthen an asset’s performance and resilience at the same time,” said Tolu Sokenu, Partner at Grene Capital. “We look for opportunities to enhance the quality and relevance of our assets in ways that create lasting value — and future-proof a market-leading mall.”
Head of Elektron Renewables, Sianny Ayodele said: “Distributed renewable energy is becoming increasingly central to the resilience and efficiency of commercial and industrial assets across Africa.
“Projects like Jabi Lake Mall show how institutional capital can accelerate the deployment of scalable energy infrastructure that strengthens asset resilience, improves energy stability, and delivers measurable development impact while supporting long-term economic growth.”