Shareholders in Genex Power have given a resounding all-clear for the $380 million takeover of the company by J-Power, sending the country’s only listed pure-play renewables developer into Japanese hands.
POWER TECHNOLOGY: Japan’s J-Power bids $249m for Australian renewables developer Genex
Japan’s J-Power bids $249m for Australian renewables developer Genex. Japan’s Electric Power Development (J-Power) already holds a 7.7% stake in Genex and has previously tried to acquire the company.