Komori
M&A and Subsidiary Changes1436GreenEnergy & Company Inc.Construction and Materials

Notice Regarding the Execution of a Purchase and Sale Agreement for Grid-Scale Battery Storage Facility Equipment in Aichi Prefecture with 株式会社シーエナジー, a Chubu Electric Power Group Company

株式会社グリーンエナジー・プラス, our wholly owned subsidiary, entered into a purchase and sale agreement with 株式会社シーエナジー for grid-scale battery storage facility equipment to be installed in Togo, Aichi Prefecture. The equipment has a rated output capacity of 1,999 kW and a nominal energy capacity of 8,146.8 kWh.

Worth reading
14Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
1999
kW (rated output capacity (effective output))
Wording
Conditional
How definitive the wording is.

This transaction

Purchase and sale of grid-scale battery storage facility equipment
Counterparty株式会社シーエナジー
Disclosing companyGreenEnergy & Company Inc.
Subject of this transaction
Impact on Business Performance

The impact of this transaction alone on results for the current fiscal year is expected to be immaterial.

This transaction
ItemDetails
Transaction namePurchase and sale of grid-scale battery storage facility equipment
Counterparty name株式会社シーエナジー
Impact on Business PerformanceThe impact of this transaction alone on results for the current fiscal year is expected to be immaterial.
Items this document does not state (29)
Name of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The order environment for grid-scale battery storage facilities has remained firm against the backdrop of progress toward decarbonization and the expansion of the balancing market. The Company also stated that it will work to expand its grid-scale battery storage business and contribute to regional decarbonization through collaboration with financial institutions and local companies.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Execution of a Purchase and Sale Agreement for Grid-Scale Battery Storage Facility Equipment in Aichi Prefecture with 株式会社シーエナジー, a Chubu Electric Power Group Company | GreenEnergy & Company Inc. (1436) timely disclosure | Komori