01 · Generate
Gas-firmed plants
Efficient gas-engine generation sited inside industrial corridors, close to fuel supply and the network. Wattaje and its partners build and finance every plant.
Embedded generation · Nigeria
Industry runs on power.
Nigeria runs on generators.
Wattaje Energy builds privately financed, gas-firmed power plants that serve industrial clusters through existing distribution networks. Our plants replace expensive diesel self-generation with dependable supply, under contract.
The Nigerian power gap
Fig. 01 · Capacity vs. realityIndicative industry estimates, 2026 · NERC, TCN & sector reporting · Self-generation runs largely on diesel and petrol at a heavy premium
The economics
What a kilowatt-hour
really costs
Effective cost of industrial power
Fig. 02 · ₦ per kWh, indicative 2026
₦280–350
~₦210
₦200–240
Indicative market ranges, not an offer · Embedded generation delivers diesel-beating cost with grid-beating reliability
Manufacturers pay a heavy premium to keep their own generators running. The distribution network loses that load, and the revenue with it. Embedded generation closes the gap. Customers pay less than self-generation costs them today, the utility earns wheeling income, and reliable supply returns to the corridor.
The model
Generate. Wheel. Deliver.
02 · Wheel
Existing networks
Power moves across the local utility's wires under wheeling and partnership agreements. The network earns new revenue and gets stronger feeders without spending a kobo of its own capital.
03 · Deliver
Contracted supply
Industrial and commercial anchors get dependable, fully metered power on long-term contracts, and they pay clearly less than they would running their own diesel.
Founders
Built by infrastructure
operators
Co-founder
Kolade Adegelu
Chief Executive of I-World Networks Limited, a Nigerian internet service and managed IT infrastructure provider. Kolade has spent his career building and operating licensed, revenue-generating network infrastructure and enterprise services for businesses across Nigeria.
Co-founder
Funso Adegbemle
Co-founder of Systemverse, a US IT infrastructure and managed services company headquartered in Austin, Texas, with an office in Lagos, serving business clients internationally since 2016. Funso also developed BettaPay, a Nigerian payroll and payments platform, and leads Wattaje's engineering, metering and revenue systems.
Both founders run businesses built on the same disciplines this work demands. They deploy distributed infrastructure, manage prepaid revenue, run field teams, and answer to regulators.
Contact
Partner with us
We work with distribution utilities, industrial offtakers, gas suppliers and financing partners. If reliable power belongs in your corridor, talk to us.