TEPCO completed the acquisition of a 31.4% stake in JSC Dariali Energy from Peri.

TEPCO Renewable Power, the electricity retailer company, completed the acquisition of a 31.4% stake in JSC Dariali Energy, a hydropower company, from Peri, a construction company. Financial terms were not disclosed. TEPCO RP plans to dispatch executives and staff to JSC Dariali Energy so that it can leverage its know-how and experience in operation and maintenance. The company will contribute to strengthening the operational capabilities at the Dariali project in areas such as O&M optimization.