AAA Toshiba takes 34% stake in Unison

Toshiba takes 34% stake in Unison

Toshiba Corporation, the Japan-based conglomerate, has acquired a 34% stake in South Korea-based wind turbine company Unison valued at Krw84.3bn ($71.4m).

Toshiba said it had taken the stake through investment and by changing the Krw40bn convertible bonds its bought last year into equity.

Unison has an annual production capacity equivalent to 1,000MW.

Leave a comment

Your email address will not be published. Required fields are marked *