Execution of Additional Financing Agreement for Rooftop Solar Power Project in Singapore [Yahoo! Finance]
TOKYO ELEC PWR UNSP/ADR (TKECY)
NASDAQ:AMEX Investor Relations:
tepco.co.jp/en/corpinfo/ir/top-e.html
Company Research
Source: Yahoo! Finance
4, 2025, a Special Purpose Vehicle (hereinafter "SPV") jointly established by TEPCO HD and ESR Group Limited (hereinafter "ESR") for the implementation of a rooftop solar power project has entered into an additional financing agreement valued at 13.5 million Singapore dollars (approximately 1.6 billion yen) with Bank SinoPac (incorporated in Taiwan with Limited Liability) *. The funds provided under this agreement, structured as project financing, will be allocated to the development of multiple rooftop solar power facilities planned for construction in Singapore, with a total capacity of approximately 20MW. On May 15 of this year, a financing agreement was signed with Bank SinoPac ( announced on June 5, 2025 ). While that agreement provided financing for rooftop solar power facilities already in commercial operation, this new agreement will fund rooftop solar power facilities scheduled for future construction. Financing during the construction period (construction loan) for por
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