Transgrid Enerco Limited and Decentralised Energy Limited have entered into a strategic partnership aimed at improving electricity supply across key areas in Lagos State.
The collaboration, announced in a statement on Wednesday, is designed to expand power generation capacity, reduce service downtime, and enhance electricity reliability in targeted parts of the state. The initiative is being supported by InfraCredit and will focus on deploying integrated energy solutions that combine grid supply with embedded generation infrastructure.
According to the statement, the project will initially cover Marina and Lekki Phase 1, with plans to extend to Ikoyi and Victoria Island, as well as other locations over time, as part of a broader effort to strengthen power delivery in high-demand areas.
To drive implementation, the partners said a Special Purpose Vehicle would be established to oversee project development, delivery, and long-term operations. “This structure will enable focused execution, efficient coordination, and scalable implementation across identified locations,” the statement noted.
The firms explained that the partnership would leverage their combined technical and operational expertise to deploy decentralised energy solutions targeted at improving electricity supply to businesses and residents.
Transgrid, a core investor in Eko Electricity Distribution Plc, said the initiative aligns with its broader commitment to improving electricity delivery through strategic investment and operational efficiency.
Decentralised Energy Limited stated that the collaboration reflects its mission to expand reliable power infrastructure and ensure energy access for underserved communities.
InfraCredit is expected to support the project by providing credit enhancement to enable access to long-term local currency financing, thereby strengthening the viability of the initiative.
The companies added that the partnership would contribute to improving electricity infrastructure, enhancing system stability, and boosting consumer confidence in the Lagos power network.
