Enechange Ltd. ( (JP:4169) ) has issued an announcement.
ENECHANGE Ltd. has executed a part of its commitment line agreement to secure funds for its EV charging business, with a total borrowing of 19 million JPY from SMBC and AOZORA banks. This strategic financial decision is aimed at supporting the operational activities of its subsidiaries and underscores the company’s ongoing commitment to enhancing its EV infrastructure capabilities, positioning it strongly in the growing EV market.
More about Enechange Ltd.
ENECHANGE Ltd. operates in the energy sector, focusing on the electric vehicle (EV) charging business. The company provides services related to the development and management of EV charging infrastructure, contributing to the expansion of electric mobility.
YTD Price Performance: 3.91%
Average Trading Volume: 558,695
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen13.05B
Learn more about 4169 stock on TipRanks’ Stock Analysis page.