Abia finalises plans to acquire 60% of EEDC assets in the state Business Hallmark

Abia finalises plans to acquire 60% of EEDC assets in the state Business Hallmark

Arrangements have reached the final stage for the Abia State Government to acquire 60 percent of the Enugu Electricity Distribution Company (EEDC) assets from Interstate Electric, the company’s major shareholder. Under the new arrangement, the state government will control power generation, regulation, and distribution across the eight ring-fenced local government areas in Abia Central and […] The post Abia finalises plans to acquire 60% of EEDC…