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Digital Grid <350A> Snaps 2-Day Losing Streak on Fukuoka Energy Cost Stabilization News
Digital Grid (350A.T) posted its first gain in three sessions on Monday. The company announced that it facilitated fixed-price electricity procurement for Hosho Seihyo Reizo, a refrigerated warehouse operator in Iizuka, Fukuoka. Digital Grid operates the "Digital Grid Platform," a proprietary private electricity trading market.
According to the announcement, Hosho Seihyo Reizo utilized the platform to lock in energy prices before the escalation of Middle East tensions, effectively insulating the firm from the current energy crisis. As the conflict in Iran drives up crude oil prices and fuels concerns over spiraling electricity costs, Digital Grid’s ability to provide price stabilization is gaining significant traction among investors.
Source: MINKABU PRESS
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