Brief: HD Renewable Energy Says Will Sell 3.75 Mln Shares To Mitsubishi Electric
Feb 17 (Reuters) - HD Renewable Energy:
* SAYS PLANS TO RAISE INVESTMENT IN JAPAN UNIT BY UP TO 5.9
BILLION YEN ($38.9 MLN)
* Energy Says Will Sell 3.75 Mln Shares Via Private
Placement To
Mitsubishi Electric 6873.TW AT T$225.5 PER SHARE
* SAYS PROCEEDS FROM PRIVATE PLACEMENT SALE WILL BE USED TO
PAY
DOWN DEBT, REPLENISH WORKING CAPITAL
Source text: ID:nMOP1gQVSv ID:nMOP9Kqqlx
Further company coverage: 6873.TW
(Reporting by Faith Hung)
((faith.hung@thomsonreuters.com;))