Tokyo Electric Power Company, a Japanese electric utility holding company, acquired a stake in Viet Hydro, the majority shareholder of Lao Cai Renewable Energy Joint Stock Company. Financial terms were not disclosed. TEPCO Representative Executive Vice President, Seiichi Fubasami, said, “It is a great pleasure for TEPCO to have been able to work with InfraCo Asia in the Coc San project, which is TEPCO’s first investment initiative in a hydropower project overseas. We hope to contribute to Coc San Hydropower Plant’s stable, long-term operation in cooperation with our investment partners and Coc San’s local community, based on our many years of accumulated experience in hydropower business in Japan. We also look forward to furthering our relationship with InfraCo Asia for future collaboration in both South and Southeast Asia.”