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A consortium of investors led a $33m Series B round in PowerX.

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Service Providers

Morgan Stanley

financial advisors

Morgan Stanley

MUFG Bank

financial advisors

MUFG Bank

or

Principals

POWERX

target

POWERX

NIPPON GAS

bidder

NIPPON GAS

MORI TRUST CO

bidder

MORI TRUST CO

JAPAN AIRLINES

bidder

JAPAN AIRLINES

FRONTIVE HOLDING

bidder

FRONTIVE HOLDING

JAPAN PETROLEUM EXPLORATION COMPANY (JAPEX)

bidder

JAPAN PETROLEUM EXPLORATION COMPANY (JAPEX)

YASKAWA ELECTRIC CORPORATION

bidder

YASKAWA ELECTRIC CORPORATION

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