Development Bank of Japan Inc., The Kansai Electric Power Company, Incorporated (TSE:9503) and Osaka Gas Co., Ltd. (TSE:9532) acquired an unknown stake in 3.2 MW Komatsu/ 24.7 MW Shizukuishi/ 9.3 MW Mito from Etrion Corporation (TSX:ETX) for ¥8.3 billion on June 22, 2021. The proceeds of such sales, together with the proceeds from the recently completed sale of the Niigata project, will allow Etrion to complete its previously announced reduction of capital and cash distribution to shareholders, anticipated to occur before the end of July 2021.

Development Bank of Japan Inc., The Kansai Electric Power Company, Incorporated (TSE:9503) and Osaka Gas Co., Ltd. (TSE:9532) completed the acquisition of an unknown stake in 3.2 MW Komatsu/ 24.7 MW Shizukuishi/ 9.3 MW Mito from Etrion Corporation (TSX:ETX) on June 22, 2021.