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Tepco may sell 20pc in wind power unit

October 24, 2011 00:00:00


TOKYO, Oct 23 (Business standard): Tokyo Electric Power Company (Tepco) is likely to sell a 20 per cent stake in wind power developer Eurus Energy Holdings to trading firm Toyota Tsusho to help raise funds to compensate victims of Japan's nuclear crisis, a newspaper said Sunday. Tepco, the owner of the crippled Fukushima Daiichi nuclear plant, is expected to sell the stake for a little less than 20 billion yen ($262 million), which will be used for compensation, the Nikkei business daily reported.

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