|Bid||3.3860 x 0|
|Ask||3.5150 x 0|
|Day's range||3.3550 - 3.3850|
|52-week range||2.1690 - 4.7010|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings, said on Wednesday it will buy 100% stake in Flotation Energy, a British floating offshore wind power company, for an undisclosed sum. The deal, signed on Nov. 1, marks the Japanese company's first equity investment in overseas wind power, and comes as part of its plan to develop 6-7 gigawatts (GW) of new offshore wind and hydroelectric power assets by 2030, expanding from the current generation capacity of 9.9 GW.
(Bloomberg) -- Japan’s top utility company Tokyo Electric Power Co. is mulling joining a partnership between state-backed investment fund Japan Investment Corp. and a local private equity firm in bidding to take over Toshiba Corp., according to people familiar with the matter. Most Read from BloombergElon’s OutWho Shot Shinzo Abe and Why? Everything We Know So FarBiden’s Quest for Saudi Oil Faces Reality-Check of Slim CapacityTrump Lashes Out at Elon Musk and ‘Rotten’ Twitter DealPutin’s New Wea
TOKYO (Reuters) -Shares of Tokyo Electric Power Co (Tepco) fell more than 7% on Wednesday after a news report that the Japanese power utility is considering joining a state-backed fund to buy Toshiba Corp. Tepco is considering joining a partnership between state-backed Japan Investment Corp and Japan Industrial Partners to bid for Toshiba, and is eyeing the conglomerate's nuclear business, Bloomberg News reported. Tepco spokesperson Ryo Terada told Reuters it was not true.