Natural has provider Tokyo Gas has acquired a minority share of renewable energy generator Renova

Tokyo – CFI is pleased to announce that it acted as exclusive financial advisor to Tokyo Gas in its entering in a capital and business alliance with Renova through the private acquisition of shares.

Founded in 1885, Tokyo Gas is the largest natural gas provider in Japan, providing the cities of Tokyo, Kanagawa, Saitama and more.

RENOVA, Inc. is a Japanese company focused on renewable energy generation and the development and management of renewable energy projects. Along with its subsidiaries, RENOVA operates power generation businesses and is divided into three segments. The company manages electricity sales from renewable sources, supports new renewable energy projects, and produces recycled plastics.

This transaction closed on 18 April 2024.