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LPG Cylinder Refilling in Ghana

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TECHNOLOGY AND BUSINESS MODEL

Automated, high-volume LPG cylinder refilling using electronically controlled filling carousel-style system

COUNTRIES OF OPERATION

Ghana

E&S RISK CLASSIFICATION

B+ - Medium-High Risk

SPARK+ INVESTMENT

$7.5 million senior secured loan

USE OF PROCEEDS

Capital for the purchase of LPG cylinders in conjunction with the launch of the Tema cylinder bottling plant

WEBSITE

NewGas Cylinder Bottling Ltd. (“NewGas”) is an LPG bottling company within the Ghanaian-owned Arch Holdings group, whose portfolio spans petroleum trading and distribution, terminals and infrastructure, power, and technology. NewGas was established to drive Arch’s wood-fuels-to-LPG conversion strategy and to operationalize Ghana’s Cylinder Recirculation Model (CRM), supplying safely filled, company-owned cylinders into a national exchange network. Its first large-scale plant in Tema is operational, with a second facility planned for Kumasi and four additional satellite plants positioned to deepen nationwide coverage.

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Spark+ financing will seed CRM operations and scale NewGas’s cylinder-exchange model, enabling NewGas to procure approximately 218,000 cylinders of varying sizes, finance working capital for initial roll-out, and complete the multi-plant build-out beginning with Tema and followed by Kumasi and satellites. The facility converts NewGas’s industrial capacity into last-mile availability of safe LPG, replacing traditional wood fuels at scale while aligning with national CRM policy.

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