Japan's Top Power Producer Jera Considers IPO to Fund Green Push [BNN Bloomberg (Canada)]
TOKYO ELEC PWR UNSP/ADR (TKECY)
NASDAQ:AMEX Investor Relations:
tepco.co.jp/en/corpinfo/ir/top-e.html
Company Research
Source: BNN Bloomberg
The Tokyo-based company plans to develop 20 gigawatts of renewable generation capacity by fiscal 2035, about six times its current pipeline, Yukio Kani, chairman and co-chief executive officer of the company, said in an interview. “Trillions of yen in investment will be needed,” Kani said. “It's possible that we will invite another shareholder to invest or ultimately consider IPO as an option,” he said, without specifying a timeline, bourse or the size of a potential share sale. A 50-50 venture between Tokyo Electric Power Co. and Chubu Electric Power Co., Jera was set up in 2015 to become one of the world's biggest liquefied natural gas buyers. It currently has a target for 5 gigawatts of renewables by fiscal 2025. Before seeking to attract new capital, Jera will draw up a new growth strategy that it will announce in May, Kani said. The company has set up a green unit in London — Jera Nex Ltd. — that seeks to benefit from the city's access to capital markets and Europe's leadi
Show less
Read more
Impact Snapshot
Event Time:
TKECY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TKECY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TKECY alerts
High impacting TOKYO ELEC PWR UNSP/ADR news events
Weekly update
A roundup of the hottest topics
TKECY
News
- ReNew partners with JERA to evaluate Joint Development of Green Ammonia Project in India [Yahoo! Finance]Yahoo! Finance
- Japan Energy Giant Launches UK-Headquartered Renewable Energy Group [Yahoo! Finance]Yahoo! Finance
- Operator of Japan's wrecked Fukushima Daiichi nuclear plant prepares to restart another plant [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Operator of Japan's wrecked Fukushima Daiichi nuclear plant prepares to restart another plant [Yahoo! Finance]Yahoo! Finance
- Tepco Flagship Nuclear Plant to Load First Fuel Since Fukushima [Yahoo! Finance]Yahoo! Finance