TOKYO -- Nippon Telegraph and Telephone and JERA, Japan's top burner of fossil fuels, are poised to buy Tokyo-based Green Power Investment for around 300 billion yen ($2.18 billion), in what would be one of the country's largest deals ever for a renewable energy company, Nikkei has learned.
Business deals
NTT, JERA plan Japan's largest acquisition in renewables
$2bn offer for Green Power Investment comes amid competition for wind, solar sites
NTT and JERA are making an aggressive bid to bolster their footprint in renewable energy. (Source photos by Green Power Investment, Yuki Nakao and Kosuke Imamura)
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