Who We Are. Abuja Electricity Distribution Company (AEDC) is one of the 11 power distribution companies that was successfully privatized and handed over to new investors on 1 November 2013.. KANN Utility Limited (KANN) is the 60% equity holders in AEDC. The Federal Government of Nigeria holds 40% equity in AEDC.AEDC has a franchise for the distribution and sale of electricity across an area of …