Tohoku Electric Power Company, Incorporated acquired additional 10% minority stake in Pt Supreme Energy Rantau Dedap from ENGIE SA.
Tohoku Electric Power Company, Incorporated (TSE:9506) completed the acquisition of additional 10% minority stake in Pt Supreme Energy Rantau Dedap from ENGIE SA (ENXTPA:ENGI) on October 14, 2022. JPMorgan Chase & Co. (NYSE:JPM) acted as a financial advisor to Engie SA in the transaction.