Abuja Electricity Distribution Plc

Power of Commitment!

General Information
Company Name
Abuja Electricity Distribution Plc
Founded Year
2013
Location (Offices)
Nigeria +1
Founders / Decision Makers
Number of Employees
958
Industries
Energy
Funding Stage
Debt Financing
Social Media

Abuja Electricity Distribution Plc - Company Profile

Abuja Electricity Distribution Company Plc is a licensed electricity distribution company founded in 2013 in Nigeria. As a full-fledged privately owned electricity distribution company, it operates in the Federal Capital Territory, Niger State, Kogi State, and Nasarawa State. Since its privatization in 2013, the company has been committed to enhancing its operations and customer satisfaction.

The company's slogan "Power of Commitment" reflects its dedication to providing reliable electricity services. A notable development for AEDC Plc is its recent NGN34.69B debt financing investment on 18 March 2024 from the Central Bank of Nigeria. This investment underlines the confidence and support from a key financial institution.

AEDC Plc operates in the energy industry and has prioritized restructuring to align with its vision of making customers happy 24/7 within its franchise area. The company's focus on customer satisfaction and its significant investment demonstrate its potential for growth and advancement in the Nigerian energy sector.

Taxonomy: electricity distribution, privatization, restructuring, power sector, operation, Nigeria, AEDC Plc, management, franchise area

Funding Rounds & Investors of Abuja Electricity Distribution Plc (1)

View All
Funding Stage Amount No. Investors Investors Date
Debt Financing NGN34.69B 1 Central Bank of Nigeria 18 Mar 2024

Latest News of Abuja Electricity Distribution Plc

View All

No recent news or press coverage available for Abuja Electricity Distribution Plc.

Similar Companies to Abuja Electricity Distribution Plc

View All
Jos Electricity Distribution Plc - Similar company to Abuja Electricity Distribution Plc
Jos Electricity Distribution Plc ...efficient electricity for all.
Uttarakhand Power Corporation Limited (UPCL)  - Similar company to Abuja Electricity Distribution Plc
Uttarakhand Power Corporation Limited (UPCL) Committed to provide reliable electricity supply to every consumer.
Paschim Gujarat Vij Company Ltd. - Similar company to Abuja Electricity Distribution Plc
Paschim Gujarat Vij Company Ltd. The company is involved in electricity sub-transmission distribution and retail supply in the State of Gujarat State.