Geregu Power Plc Responds to Bond Repayment Obligation Reports

Geregu Power Plc issued a formal public statement on August 12, 2026, in response to recent online publications questioning the company's ability to meet its bond repayment obligations. The filing, submitted through the company's secretary at The Structure HQ, does not disclose specific bond values, repayment timelines, or the identity of the publications in question.

The company disclosed that its current Board and Management have conducted a comprehensive review and reconciliation of the company's transactions, liabilities, operational commitments, financing arrangements, financial obligations, and related corporate documentation since assuming responsibility for the company's affairs.

Geregu confirmed it is actively engaged with relevant stakeholders and advisers toward resolving what it described as "various challenges," with the aim of achieving an "orderly and mutually beneficial outcome." The company stated that these discussions remain ongoing.

The Board and Management affirmed their commitment to transparency, responsible corporate governance, and constructive stakeholder engagement, adding that further updates on material developments will be provided in line with applicable regulatory requirements.