Transgrid Enerco Limited to acquire 60% stake in Eko Electricity Distribution Company

Transgrid Enerco Limited, a newly formed alliance comprising North South Power Company Limited (NSP) and Axxela Limited, has signed a share purchase agreement (SPA) to acquire a 60% equity stake in Eko Electricity Distribution Company (Eko DisCO), Nigeria’s second-largest electricity distribution company. The SPA was signed today, January 21, 2025, with the transaction expected to … Continue reading Transgrid Enerco Limited to acquire 60% stake in Eko Electricity Distribution Company