News

Power Utility

Staff Reporter

, Japan

Published:

12 years ago

Tepco to sell shares in wind power company for 20b yen

Tokyo Electric Power Co will sell its 20% stake in Eurus Energy Holdings Corp to Toyota Tsusho Corp by January.

According to a Bloomberg report, this is Tepco's first and biggest asset sale after the Fukushima disaster.

Bloomberg noted that Toyota Tsusho will then own 60% of Japan’s biggest wind-farm operator while Tepco will hold the rest.

View the full report here.

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