EXPERIENCE
Experience across businesses, assets and transactions.
Alapog draws on experience built through founding and scaling businesses, advising investors and lenders, pursuing acquisitions and working across complex energy and infrastructure assets.
That experience combines commercial judgement with economics, transactions, financing, corporate development and operating leadership — from analysing an opportunity through to helping build the organisation required to deliver it.
Building businesses
From start-up to established energy business.
Sripad co-founded and helped build IMRANDD, an engineering, technology and data business serving the energy sector.
Beginning before the company commenced trading, his early role included establishing much of the commercial and operational backbone required to build the business — client and contractor contracts, the commercial model, banking, financial processes, time recording and invoicing — before expanding into broader executive and operational leadership.
By 2021, IMRANDD had grown from start-up to approximately 40 people, with annual revenues approaching £4 million. Alongside its engineering activities, the business had developed proprietary technology and software propositions, combining domain expertise with data and digital capability.
~40
PEOPLE BUILT FROM START-UP
~£4 m
ANNUAL REVENUE AT SCALE BY 2021
Ideas, people
and execution.
Transactions & assets
Seeing an opportunity through the eyes of capital.
Through Cynthian, Sripad advised lenders and investors on technically and commercially complex energy and infrastructure transactions, particularly across Africa.
The work was investor-led, not simply technical: understand the asset and its development plan, then test whether the cost, schedule, commercial structure, financing, counterparties and execution plan would stand up with capital at risk.
Assignments included multidisciplinary lender diligence, transaction support and ongoing project monitoring across Nigeria, Ghana, Côte d’Ivoire, Equatorial Guinea, Angola and Gabon.
~5 bln
AGGREGATE VALUE of transactions advised
6 markets
6 markets ACROSS WEST & CENTRAL AFRICA
Complexity. Clarity. Context.
Selected assignment
A lender perspective on infrastructure and execution.
For one significant Nigerian development, Cynthian was initially appointed by a lender to undertake diligence on an alternative evacuation solution for a producing upstream asset. The proposed development combined approximately 50 kilometres of new pipeline infrastructure with the conversion of a VLCC for offshore storage and export. The mandate subsequently developed into continuing lender monitoring as the financing and development evolved.
The engagement required the team to look across subsurface, facilities, project execution, economics, commercial arrangements and financing — and translate these into an assessment useful to the institutions putting capital at risk.
Origination & principal-side experience
Moving from adviser to principal.
Through Epic, Sripad moved further towards the principal side of transactions, originating and pursuing upstream energy acquisition opportunities in West Africa.
Potential opportunities were screened against a defined investment strategy, with work extending through technical and commercial evaluation, asset valuation, transaction structuring, funding discussions and development of the prospective operating model.
Not every process resulted in ownership — an important reality of principal investment — but the work developed experience at the point where strategy, capital, transaction execution and operating responsibility converge.
That principal-side experience now informs Alapog’s approach to originating, assessing and developing opportunities.
From potential to possibility.
Three perspectives
Experience changes when responsibility moves closer to the outcome.
Build
Turning an idea into an operating company — establishing commercial foundations, recruiting people, developing capability and managing growth.
Assess
Evaluating businesses, assets and projects from the perspective of lenders, investors and prospective owners.
Own
Originating investment propositions and confronting the questions that arise when capital, execution risk and eventual outcome become the principal's responsibility.
The perspective changes when you have to live with the decision.
Earlier experience
Commercial foundations in energy and investment.
Before founding and building businesses, Sripad’s career developed across economics, commercial strategy, transactions and corporate development. Roles and assignments across TAQA, Xodus, Verus Petroleum, Dana Petroleum and SeaEnergy provided exposure to asset valuation, acquisitions and investments, portfolio analysis, field-development economics, infrastructure and investment screening. Earlier financial-services experience also developed an understanding of capital, risk and institutional decision-making.
Taqa
Xodus
Verus Petroleum
Dana Petroleum
SeaEnergy
Sefton Resources
Applying that experience today
Experience is useful only when it informs the next decision.
Alapog brings together experience as an adviser, operator, company builder and prospective investor. Today that experience is being applied to selected opportunities across energy and infrastructure, industry and technology, healthcare and wellbeing, and special situations — through advice, leadership, partnership and business building.
The common thread is commercial judgement, active involvement and alignment around the outcome.