‘In excess of $200 million,’ what to know about the deal and the activities of the consortium comprising of North South Power Company Limited (NSP), Axxela Limited, and the Stanbic IBTC Infrastructure Growth Fund (SIIF) Transgrid Enerco Limited on Tuesday, January 21, signed a Share Purchase Agreement (SPA) for the proposed acquisition of a 60 per cent equity stake in Eko Electricity Distribution Company (EKEDC), which is envisaged to be in excess of $200 million. Platforms Africa reports that the consortium comprises North South Power Company Limited…
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