Japan's JERA to buy 35% stake in Vietnam's renewable energy firm for $112m

Japan's JERA to buy 35% stake in Vietnam's renewable energy firm for $112m

Source: Karsten Würth/Unsplash

Japan’s biggest power generator JERA said on Tuesday it will spend about 15 billion yen ($112 million) to buy a 35.1% stake in Vietnamese renewable energy company Gia Lai Electricity JSC (GEC) to expand its overseas business.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter