Brief: HD Renewable Energy Says Will Sell 3.75 Mln Shares To Mitsubishi Electric

Mitsubishi Electric

17/02/2025 07:12

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;))