At A Glance
Chariot’s mission is to create value and deliver positive change through investment in projects that are driving the energy revolution.
Chariot is an Africa focused energy group with two business streams: Upstream Oil and Gas and Renewable Power.
Chariot is an Africa focused energy group with two business streams: Upstream Oil and Gas and Renewable Power.
Chariot’s Upstream Oil and Gas pillar is focused on building out a full value chain growth business within Africa. Alongside securing a footprint in Angola, Chariot holds a diverse portfolio in Morocco and is pursuing a range of new ventures with a focus on production.
Chariot’s Renewable Power business is focused on providing competitive, sustainable and reliable energy through building, generating and trading renewable power in South Africa as well as progressing the development of its power-to-mining projects on the continent. Chariot is also continuing to work across its green hydrogen assets in Mauritania.
As recently announced, Chariot is looking to realise the value of its renewables business in order to accelerate its upstream objectives.
“Once our transaction in Angola completes, we will have material exposure to cash generative oil producing assets, and we have clear plans to put additional oil production on the books. In Morocco, our assets provide us with development and exploration optionality in a strategically located hydrocarbon basin and
our new ventures pipeline gives us access to the next generation of upstream opportunities across Africa.
Our renewables business has built further critical mass over the past months and we are now looking to realise this value and utilise the capital to further accelerate our upstream objectives as we widen our investment case across the full value chain. The assets we have in our portfolio represent independently
valuable opportunities and we have the partners, the team and financial foundation to continue to execute and scale.“
Adonis Pouroulis, CEO
“Building and investing in energy projects that have long-term value and legacy, whilst creating real value for our shareholders, lies at the heart of Chariot’s strategy.”
Andrew Hockey
Chairman
