TEPCO Energy Partner Inc agreed to acquire 3.01% stake in Nippon Gas Co., Ltd. (TSE:8174) for ¥6.5 billion on March 21, 2018. After the share acquisition, TEPCO Energy Partner Inc will switch to wholesaling and let Nippon Gas Co., Ltd. offer its own service plans and charge customers for gas and electricity together. TEPCO Energy Partner Inc will dispatch an executive to the Nippon Gas board. Frontier Management Inc acted as financial advisor to TEPCO Energy Partner Inc . TEPCO Energy Partner Inc completed the acquisition of 3.01% stake in Nippon Gas Co., Ltd. (TSE:8174) on March 29, 2018.