AdvertisementAdvertisementBusinessThe TEPCO logo and a liquefied natural gas (LNG) storage tank are seen at Tokyo Electric Power Co Holdings (TEPCO)'s South Yokohama Thermal Power Station in Yokohama, Japan July 18, 2017. REUTERS/Issei Kato/File Photo18 Mar 2026 09:10AM Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST TOKYO, March 18 : Dozens of investment funds and companies, including KKR and Bain Capital, are showing interest in Tokyo Electric Power's capital alliance plan as part of its business turnaround, the Asahi newspaper reported on Wednesday.The utility giant, which began soliciting proposals in February, has asked potential partners to submit concrete offers by the end of March and aims to choose a partner by the end of this year, Asahi reported, citing people familiar with the deal.TEPCO intends to keep the Japanese government’s majority voting stake unchanged, but is open to taking the company private as part of the restructuring, the report said.U.S. investment firms KKR and Bain, along with Japan Industrial Partners (JIP) and Japan Investment Corporation (JIC), are among those that have expressed interest, it said.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST