As part of an ongoing program to improve Nigeria’s utility infrastructure, 4Power Consortium Ltd
took over the ownership of Port Harcourt Electricity Distribution, Plc (PHED) on November 1, 2013.
4-power consortium is a partnership of 9 investors :
Taleveras Group of Companies
Skyview Power Technologies Limited
Income Eletrix Limited
Liliker Brothers Nigeria Limited
Akwa-Ibom Investment and Promotion Council (AKIIPOC)
Paradise Power Nigeria Limited
First Independent Power Company Nigeria Limited
Bayelsa Electricity Company Limited.
These partners pooled their resources together to acquire 60% share holding of the Port Harcourt Electricity Distribution Company, PHED, with a determination to make it the best utility company in Nigeria.
Who We Are
On March 31, 2005, the Port Harcourt Electricity Distribution Company, PHED, was constituted under the Electricity Reforms Act of 2005 after the unbundling of the Power Holding Company of Nigeria (PHCN).