Transgrid Enerco acquires 60% stake in Eko Electricity Distribution Plc
[NigerianEye - Nigeria] - 1er/01/2026
Transgrid Enerco Limited has completed the acquisition of a 60% equity stake in Eko Electricity Distribution Plc (EKEDC), marking the first market-driven acquisition of a Nigerian electricity distribution company since the 2013 power sector privatisation. The transaction was finalised following the execution of all transaction and financing documents at a signing ceremony held in Lagos. Transgrid Enerco Limited brings together institutional capital and deep technical expertise across Nigeria’s energy value chain, with a focus on long-term operational ownership. EKEDC is one of Nigeria’s (…)
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