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6092 — Enbio Holdings News Story

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Brief: EnBio Holdings to buy solar power generation firm and assets; plans 3.9 bln yen syndicated loan

Oct 21 (Reuters) - EnBio Holdings Inc   6092.T  : 
     
    * Says it plans to buy 100 percent stake in a Tokyo-based 
solar power generation firm(target firm), at 617.5 million yen 
    * Says 51 percent stake in the target firm will be 
transferred on Oct. 24 and remaining 49 percent stake will be 
transferred on Jan. 24, 2017 
    * To buy photovoltaic power generation equipment, La Energia 
CIERVO Rojo, at 3,497 million yen with annual power generation 
output of 14.6 kwh  
    * Plans to take out a syndicated loan worth 3.9 billion yen 
to fund solar power generation plant construction in Ishigawa 
prefecture  
     
    Source text in Japanese: https://goo.gl/n1iXpD ; 
https://goo.gl/FYdP8C ; https://goo.gl/tDVKCu 
    Further company coverage: 6092.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724; 
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))

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