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TEPCO (9501.JP) Spikes 9.2% at Close as Investment Plan Revealed
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Tokyo Electric Power (9501.JP) (TEPCO) closed at JPY718 today (5th), up 9.24%. The company will reportedly need to invest over JPY11 trillion in the next decade for nuclear and renewable energy development, aiming for carbon-free power sources to account for over 60% by FY2040. Meanwhile, it plans to accept external funding to address the electricity growth driven by AI demand and to enhance power supply to data centers. AASTOCKS Financial News Website: www.aastocks.com |
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