Tag: Afam Power
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Transcorp Acquires Afam Power in N105bn deal
A natural-gas-fired power generation facility located in Oyigbo, Rivers State, Afam Genco, otherwise known as Afam Power, has been handed over to Transcorp Plc. The energy company was transferred to Transcorp on Thursday after it was sold to the publicly quoted firm for N105. 3 billion by the federal government. Both parties signed the Share…