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West Holdings surges on report of partnership with Mitsubishi UFJ unit to support corporate solar power adoption
Shares of West Holdings Corporation <1407> surged sharply to hit a new year-to-date high, following a report by the Nikkei online edition on the night of May 26 that the major solar power developer has partnered with MUFG Finance & Leasing (MUFL) to support corporate solar power adoption. The stock drew buying on expectations of future earnings contributions. MUFL, a subsidiary of Mitsubishi UFJ Financial Group, Inc. <8306>, has established a new sales division specializing in decarbonization-related services, and the report indicated that MUFL and West Holdings will collaborate to deploy these support services nationwide.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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