Coronation Infrastructure Fund Posts N2.08bn Interest Income in H1 2026

The Coronation Infrastructure Fund earned N2.08 billion in interest income in the first half of 2026, according to its unaudited financial statements for the period ended June 30, 2026.

The fund disclosed in its latest quarterly investor report that total income stood at N2.08 billion, while operating profit reached N1.95 billion after deducting operating expenses of N130.78 million.

The performance was supported by returns from the fund’s infrastructure investments spanning energy, transportation, healthcare, telecommunications, utilities and real estate.

The report showed that the fund’s net assets increased to N9.83 billion as of June 30, 2026, from N9.73 billion recorded at the end of 2025. Total assets also rose to N9.88 billion during the period.

According to the report, the fund maintained a weighted average portfolio yield of 19.18 per cent, reflecting its focus on senior secured infrastructure debt investments.

The fund’s net asset value per unit stood at N111.81 as of June 30, 2026, compared with the launch value of N100 per unit. Its last traded price on the Nigerian Exchange was N116, representing a premium of 3.75 per cent above net asset value.

Speaking in the report, Head of Coronation Infrastructure Fund, Mayowa Ikotun, said the fund remained focused on deploying capital into projects capable of delivering sustainable returns while addressing critical infrastructure gaps in the country.

He disclosed that the fund concluded due diligence on two projects valued at about N3.5 billion during the quarter. The projects include an affordable housing development and a student accommodation project at a federal institution.

Ikotun added that the fund currently has an infrastructure pipeline valued at about N43 billion across the energy and social infrastructure sectors in Nigeria’s six geopolitical zones.

He said the projects were at different stages of origination, due diligence, structuring and approval, positioning the fund for continued investment activities in the coming quarters.