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Home » News » Toyota Tsusho acquires majority stake in SB Energy, rebrands as Terras Energy to accelerate decarbonization efforts
News

Toyota Tsusho acquires majority stake in SB Energy, rebrands as Terras Energy to accelerate decarbonization efforts

By Don PadillaMay 1, 20233 Mins Read
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Toyota Tsusho, a division of Toyota Group, has recently completed the acquisition of an 85% stake in SoftBank Group’s renewable energy unit, SB Energy. The remaining 15% stake in the business will be retained by SoftBank. The acquisition was signed in February of this year and the financial terms of the deal were not disclosed.

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Japan Renewable energy SB Energy SoftBank Terras Energy Toyota Toyota Tsusho
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