Chubu Electric Official Says It Booked Loss Of 17.9 Billion Yen On Its 3 Offshore Wind Power Projects In Japan For April-December Period
Chubu Electric Power Co Inc 
9502:
CHUBU ELECTRIC OFFICIAL SAYS IT BOOKED LOSS OF 17.9 BILLION YEN ON ITS 3 OFFSHORE WIND POWER PROJECTS IN JAPAN FOR APRIL-DECEMBER PERIOD
CHUBU ELECTRIC OFFICIAL SAYS ITS SUBSIDIARY C-TECH IS REEVALUATING FEASIBILITY OF ITS OFFSHORE WIND POWER PROJECTS AND WILL CONSIDER MEASURES TO ADDRESS ISSUES
CHUBU ELECTRIC OFFICIAL: C-TECH PLANS TO CONSIDER ALL POSSIBLE MEASURES TO IMPROVE PROFITABILITY OF OFFSHORE WIND POWER PROJECTS
CHUBU ELECTRIC OFFICIAL: BUSINESS FEASIBILITY REASSESSMENT IS DRIVEN BY INFLATION, YEN DEPRECIATION, SUPPLY CHAIN SHORTAGES, AND RISING INTEREST RATES
CHUBU ELECTRIC OFFICIAL: WILL NOT RULE OUT POSSIBILITY OF ADDITIONAL LOSSES ON THE DOMESTIC OFFSHORE WIND PROJECTS
CHUBU ELECTRIC OFFICIAL: NO CHANGE IN OUR STRATEGY TO EXPAND RENEWABLE ENERGY ASSETS, INCLUDING OFFSHORE WIND FARMS