# Chubu Electric to invest 100 billion yen in Toshiba acquisition consortium

Chubu Electric Power Co. announced it will invest 100 billion yen in a fund managed by Japan Industrial Partners (JIP) to participate in the consortium acquiring Toshiba. The investment aims to deepen ties in power generation equipment and explore collaboration in digital transformation.

- Type: Investment
- Announced: 2023-09-21
- Where: Japan
- Value: $675.0M (100.0B JPY)
- Status: announced
- Products: power generation equipment, digital transformation services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Toshiba](https://endata.com/companies/8893.md) (target)
- [Japan Industrial Partners](https://endata.com/companies/22431.md) (partner)
- [Chubu Electric Power](https://endata.com/companies/30199.md) (investor)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXZQOFD211H50R20C23A9000000/), 2023-09-21: "中部電力は21日、投資ファンドの日本産業パートナーズ（JIP）を中心とする国内連合の東芝買収に参画し、1000億円を出資することを決めたと発表した。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.