TEPCO Stake Sale Of Eurus Inevitable

Tokyo Electric Power (Tepco), the owner of the damaged Fukushima Daiichi nuclear plants, is planning to sell a 20% stake in Japan-based wind power developer Eurus Energy Holdings to Japanese conglomerate Toyota Tsusho . CFW believes that the sale is inevitable given Tepco's massive liabilities from the Fukushima nuclear crisis, but notes that the sale could be a positive move as Eurus's financial position faces potential headwinds from its European and US operations over the near term.

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