Transgrid Enerco Completes ₦360 Billion Acquisition of Eko DisCo in Landmark Power Sector Deal

Transgrid Enerco Limited has completed the acquisition of a 60 percent controlling stake in Eko Electricity Distribution Company (Eko DisCo) in a transaction valued at approximately ₦360 billion, marking one of the largest privately negotiated takeovers in Nigeria’s power distribution sector since the 2013 privatisation exercise. Innovation Village initially reported the transaction in January 2025. … Continue reading Transgrid Enerco Completes ₦360 Billion Acquisition of Eko DisCo in Landmark Power Sector Deal