Sunday 17, July 2011 by
Jordan Dubai Capital sells its 51 per cent stake in Kingdom Electricity Company
KEC owns 100 per cent of the Electricity Distribution Company (EDCO) and 55.4 per cent of Irbid District Electricity Company (IDECO) both Jordanian Public Shareholding Companies that were privatised by the Government of Jordan in 2008. The purchaser is the Social Security Investment Fund of Jordan (SSIF) who along with Dubai International Capital are the largest shareholders in JD Capital.
