The placement recorded high demand from institutional investors, having been fully subscribed, which reflects:
• Confidence in the financial strength and growth strategy of ETU Energias;
• The growing interest of the market in national corporate debt instruments;
• The strengthening of the credibility of the Angolan Oil & Gas sector;
• And the structural maturity of the capital market as a viable long-term financing alternative.
The physical and financial settlement was successfully completed in early October 2025, fully meeting the defined schedule. The operation constitutes a private offering, and the admission of the securities to the Bodiva markets is expected shortly, allowing them to be freely traded.
Strengthening energy sovereignty with national capital
The funds raised will be directed toward strategic projects for the expansion of crude oil production, increase of reserves, and technological modernization of the company’s operations. This issuance represents a key element in the execution of ETU Energias’ ambitious growth plan, reinforcing its commitment to sustainable value creation and Angola’s energy self-sufficiency.
“This issuance marks the beginning of a new era of financing for the private energy sector in Angola. We have demonstrated that it is possible to mobilize local capital for structuring projects with transparency, ambition, and a long-term vision.”
— Edson Dos Santos, Chief Executive Officer of ETU Energias
The company expresses its gratitude for the investors’ confidence and acknowledges the essential role of the partners involved, particularly Áurea SDVM S.A., which acted as structuring and placement advisor, and all parties who ensured the success of this issuance.
Next Steps
Recurring access to the capital market. This milestone lays the foundation for future issuances and broadens the range of strategic financing options for ETU Energias, which will continue to actively assess opportunities in both the national and international capital markets.
Etu Energias – Producing energy for Angola’s growth
About ETU Energias
Etu Energias is the largest private energy company in Angola, committed to operational excellence, sustainability, and the development of the national energy sector. With a diversified portfolio of operated and non-operated blocks, it applies cutting-edge technologies to the exploration and production of hydrocarbons in a responsible and efficient manner.
Etu Energias operates Blocks 2/05, CON-1, CON-2, CON-4, CON-6, CON-8, and the FS/FST Associations, and holds interests in Blocks 3/05, 3/05A, 4/05, 14/14K, 17/06, 14/23, and 32.