TOKYO GAS Co., Ltd. 9531
TSE · Japan · Utilities
¥6,110.00-80.00 (-1.29%)
Market closed· · JPY · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · JPY · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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Novity, the leading predictive maintenance platform for process industries, announced a strategic investment from Acario Innovation ("Acario") the corporate venture capital division of Tokyo Gas. Tokyo Gas is simultaneously the largest gas utility in Japan and a globally diversified energy company with businesses spanning LNG, natural gas, electricity, and energy solutions serving over 13 million customer accounts.
Strategic Value Partners, LLC (together with its affiliates, "SVP"), a global alternative investment firm with approximately $22 billion of assets under management, today announced that its managed funds (the "SVP Funds") have signed a definitive agreement to acquire the remaining equity interests in Birdsboro Power, LLC ("Birdsboro"), a 485-megawatt natural gas-fired combined-cycle generation facility located in Birdsboro, Pennsylvania. Financial terms of the transaction were not disclosed.
Moment Energy, a North American leader in EV battery repurposing, today announced a $40 million Series B funding round. The financing brings the total capital raised to over $100 million. The Series B round was led by Evok Innovations, with participation from Liberty Mutual Investments, W23 Global Fund, and Acario (the corporate venture capital arm of Tokyo Gas), joining the company's major investors, Amazon's Climate Pledge Fund, Voyager Ventures, and In-Q-Tel.
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