Transgrid Enerco Limited, an energy firm formed by an alliance of North South Power Company Limited (NSP), Axxela Limited, and the Stanbic IBTC Infrastructure Growth Fund (SIIF), has signed a share purchase agreement for the proposed acquisition of a 60% equity stake in Eko Electricity Distribution Company (Eko DisCO). Eko DisCO is Nigeria’s second-largest electricity […]
The post Axxela Limited, Stanbic IBTC to acquire 60% stake in Eko DisCo first appeared on Business Hallmark.