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Fibergate Expands Renewable Energy Portfolio with Strategic Acquisition

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Fibergate Expands Renewable Energy Portfolio with Strategic Acquisition

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Fibergate, Inc. ( (JP:9450) ) has shared an announcement.

Fibergate Inc. announced that its subsidiary, OffGrid-Lab, Inc., will acquire Power Denki Innovation Inc., a company specializing in EPC services for solar power generation. This acquisition aims to strengthen Fibergate’s business structure in the renewable energy sector, although the immediate financial impact is expected to be minimal.

The most recent analyst rating on (JP:9450) stock is a Hold with a Yen773.00 price target. To see the full list of analyst forecasts on Fibergate, Inc. stock, see the JP:9450 Stock Forecast page.

More about Fibergate, Inc.

Fibergate Inc. operates within the renewable energy sector, focusing on electricity generation through its subsidiary, OffGrid-Lab, Inc. The company is committed to enhancing its competitive edge by integrating expertise in solar power projects.

Average Trading Volume: 125,579

Technical Sentiment Signal: Sell

Current Market Cap: Yen15.26B

For an in-depth examination of 9450 stock, go to TipRanks’ Overview page.

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