Chubu Electric Power Company, Incorporated (TSE:9502) agreed to acquire 30% stake in Ecowende C.V. from N.V. Eneco on February 2, 2024. The transaction is expected to be completed in the second quarter of 2024, once all the necessary approvals have been obtained from the relevant parties, which include the competition authorities.
Chubu Electric Power Company, Incorporated (TSE:9502) completed the acquisition of 30% stake in Ecowende C.V. from N.V. Eneco on May 8, 2024. As of May 8, 2024, the transaction has received the regulatory approval.