The Japan government on Wednesday approved a plan to nationalize Tokyo Electric Power Co. , the operator of the Fukushima Daiichi nuclear facility, in exchange for a capital injection of 1 trillion yen ($12.55 billion), according to media reports
The restructuring plan will put Tepco under government control with the aim of restoring profitability within two years, the reports said
The Japanese government will also have an option to increase its ownership up to two-thirds majority if the utility company fails to meet its targets, The Wall Street Journal said.
No hay comentarios:
Publicar un comentario