Unlisted Japanese power producer and supplier F-Power says it filed for bankruptcy on Wednesday after a power shortage over winter caused its business to deteriorate.
- Says it’s in talks with several potential sponsors
- Company has liabilities of about 24.3b yen, according to Tokyo Shoko Research
- Related Story:
Japan’s Power Crunch Seen Boosting Opposition to Retiring Coal
To contact the reporter on this story:
To contact the editors responsible for this story:
Tony Jordan
© 2021 Bloomberg L.P. All rights reserved. Used with permission.
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.