Meralco to spend $40m for stake in ECG

December 12, 2018 Ghmatters 0

Philippine electric distribution giant Manila Electric Company (Meralco) will cough up US$40 million on planned equity acquisition at Ghana’s main electricity distribution firm, the Electricity Company of Ghana Limited (ECG). “We are required to have […]

All set for ECG takeover in Feb – Ofori-Atta

November 19, 2018 Ghmatters 0

Manila Electric Company (Meralco) will officially take over running the Electricity Company of Ghana Limited (ECG) in February next year, under a 20-year concession agreement. Finance Minister Ken Oforo-Atta, presenting the 2019 Budget to Parliament […]