World & BusinessSojitz eyes renewable power grid investment in Australia and New Zealand
The Japanese trading house is weighing $635 million in spending, citing stability and rising electricity demand, Nikkei Asia reports.
TLDR
Nikkei Asia reports that Sojitz is considering spending $635 million on renewable power grids in Australia and New Zealand. The report says the Japanese trading house cites stability and rising electricity demand as reasons for the potential investment.
Sojitz eyes renewable power grid investment in Australia and New Zealand
The Japanese trading house is weighing $635 million in spending, citing stability and rising electricity demand, Nikkei Asia reports.
TLDR
Nikkei Asia reports that Sojitz is considering spending $635 million on renewable power grids in Australia and New Zealand. The report says the Japanese trading house cites stability and rising electricity demand as reasons for the potential investment.