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EnBio Holdings opens with buy indication after acquiring land and grid connection rights for extra-high voltage battery storage facility
EnBio Holdings,Inc <6092> opened with buy indication. The company announced after the close of trading on the 18th that it has acquired land and grid connection rights with a general transmission and distribution operator for the purpose of developing a battery storage facility for extra-high voltage systems. This announcement attracted buying interest. The storage facility is located in Nagano Prefecture, with a maximum power reception capacity of 30 megawatts. The acquisition source and acquisition price are not disclosed. Grid connection is scheduled for March 2028. The company decided to acquire the land and rights in anticipation of medium-term growth opportunities in the renewable energy-related business.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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