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Abuja Electricity Distribution Plc (AEDC)

AEDC Adopts HoldCo Structure After Electricity Act 2023

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dailytimes

By SAMUEL MOBOLAJI Abuja Electricity Distribution Plc (AEDC) has transitioned into a holding company (HoldCo) structure, a move designed to align with Nigeria’s decentralised electricity regulatory framework introduced by the Electricity Act 2023. The company announced the restructuring in a statement on Monday, noting that the new structure is aimed at improving operational agility, strengthening […]

AEDC transitions to holding company structure amid Nigeria’s decentralised power market reforms

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Africans

  The Abuja Electricity Distribution Plc (AEDC) says it has transitioned into a holding company (HoldCo) structure to strengthen its operations within Nigeria’s evolving electricity market and decentralised regulatory environment. In a statement on Sunday, the distribution company said the move follows the enactment of the Electricity Act 2023, which empowers state governments to establish […]