ENERGY POWER CO.,Ltd. [144A.T]
TOKYO, Jun 11 (Pulse News Wire) – ENERGY POWER CO.,Ltd. (144A.T) announced its listing on the Tokyo Stock Exchange's Pro Market effective March 13, 2024.
The primary objectives include enhancing creditworthiness among financial institutions and trading partners, securing talent, and strengthening internal management systems. The company aims to leverage the benefits of the listing to bolster its operational foundation and expand its scope. It plans to contribute to the promotion of renewable energy and achieving carbon neutrality through its three main businesses: electrical engineering, retail electricity services, and grid-scale battery storage. Systematic investments in these areas require significant initial costs but have been made possible due to increased funding availability post-listing.
Looking ahead, ENERGY POWER CO.,Ltd. intends to continuously invest in power generation facilities and grid-scale batteries to maximize the utilization of renewable resources. The firm also seeks to enhance its corporate governance structure, with two external directors appointed during a special shareholders' meeting held on July 31, 2025. While the timing for a potential general market listing remains undetermined, the company evaluates various fundraising options to support its growth strategy.
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