Struggling TEPCO to Gain Additional Funding From 3 National Mega-Banks

By Broc West

from The Asahi Shimbun / June 24, 2015 / In a show of “confidence”, the nation’s top three banks and other financial organizations who have been funding embattled Tokyo Electric Power Co. have agreed to extend 280 billion yen ($2.26 billion) in loans to the utility for the fiscal year. [emphasis added] The entities concluded that TEPCO, the operator of the crippled Fukushima No. 1 nuclear power plant, has been … Continue reading

Source:: Struggling TEPCO to Gain Additional Funding From 3 National Mega-Banks

      

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