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Vietnamese conglomerate TTC Group goals to double its renewable vitality capability by means of 2025 with a serious funding in wind energy and a partnership with Japan’s largest energy generator Jera Co.
Jera acquired a 35.09% stake in TTC Group’s listed unit Gia Lai Electrical energy JSC, in accordance with Dang Van Thanh, chairman of the conglomerate, whose companies vary from vitality to tourism. Jera, which turns into the biggest international stakeholder within the unit, purchased the shares from Worldwide Finance Corp. and Singapore-based Armstrong Asset Administration for an undisclosed quantity, Thanh mentioned.
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