|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||10.80 - 10.80|
|52 Week Range||8.05 - 11.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Chubu Electric Power Co Inc said on Friday it would invest up to 5 billion yen ($34 million) in a Canadian geothermal venture, Eavor Technologies Inc, as it moves to expand its renewable energy portfolio and fight climate change. Within a few weeks, Chubu will invest between 1 billion and 5 billion yen ($7 million to $34 million) for a stake ranging from 10% to 20% in Eavor, according to its deputy chief executive of global business, Katsuji Sugimori. The Canadian venture aims to commercialise two projects being developed, one in the United States and another in Germany, in 2024, Chubu said.
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Japan's Chubu Electric Power Co Inc said on Tuesday it will spend up to 5 billion yen ($39 million) to buy a 20% stake in India's rural renewable energy service company, OMC Power Private Ltd, through a third-party allotment of shares. OMC operates about 280 renewable energy plants to provide electricity for telecom companies, small and medium businesses and rural houses via mini-grids, using storage batteries, in the states of Uttar Pradesh and Bihar. It aims to expand its network to 5,000 power plants by 2030, the Japanese company said.