Kyushu Electric Power announced plans to transition to a holding company structure, creating subsidiaries for power generation, distribution, renewable energy, and ICT. The move aims to enhance competitiveness and optimize group management. This is the first such transition by a major Japanese electric company. Details of the new structure, including the name of the holding company, are under consideration. The company will transfer its out-of-region retail business to subsidiary Kyuden Next by April 2025, focusing Kyuden Mirai Energy on renewable energy. Source: Kyushu Electric Power
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