Building the Financial Backbone for Reliable Power

Reliable electricity is not just an infrastructure challenge, it is a financing challenge.

As part of our continued efforts to strengthen electricity delivery in Nigeria, Transgrid Enerco, alongside Eko Electricity Distribution Plc (EKEDP), paid a strategic visit to InfraCredit. This engagement follows Transgrid’s majority acquisition of EKEDP and reflects our commitment to building a more stable and investable distribution network.

Our delegation, led by Chairman Engr. (Dr.) Olubunmi Peters and Group Managing Director/CEO Kolapo Joseph, alongside Directors Prof. George Nwangwu, Faruk Aliyu, Oladapo Peters, and EKEDP CEO Wola Joseph-Condotti, focused on what matters most at this stage, stabilisation, performance discipline, and long-term delivery outcomes.

At Transgrid, we believe reliability must be built deliberately. That means aligning capital with execution, strengthening governance, and ensuring that every investment translates into measurable improvements in service delivery.

We also acknowledged InfraCredit’s role in supporting long-term infrastructure financing through its Contingent Refinancing Guarantee. Instruments like these are critical in unlocking patient capital and creating the conditions required for sustainable sector transformation.

This visit reinforces a simple truth: improving electricity delivery requires coordinated effort across operators, financiers, and institutions.

We value the dialogue and look forward to continued collaboration in building a more resilient, accountable, and performance-driven distribution sector.