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TEPCO Power Grid, Inc., Chubu Electric Power Co., Inc. and ICMG Co., Ltd announced that they have agreed on the basic terms for establishing a joint venture in Singapore in July. The collaboration is expected to facilitate opportunities for global electricity transmission and distribution, project investment, new business and global…

Singapore’s WEnergy Global Pte Ltd, ICMG Partners Pte Ltd and Greenway Grid Global (GGG) Pte Ltd, an investment company with Japan’s Tokyo Electric Power Company PowerGrid Inc (TEPCO-PG) as one of the major shareholders, said today that they have formed a Singapore-based investment entity of US$60 million. This entity will…