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Hokkaido Electric Power Adjusts Timeline for Ishikariwan Shinko Power Station

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Hokkaido Electric Power Adjusts Timeline for Ishikariwan Shinko Power Station

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Hokkaido Electric Power Company,Incorporated ( (JP:9509) ) has shared an update.

Hokkaido Electric Power Company has announced changes to the operational timeline for its Ishikariwan Shinko Thermal Power Station. The start of construction for Unit 3 has been moved to May 2030, with operations now scheduled for FY2033, following the company’s successful bid in the Long-Term Decarbonized Power Resource Auction. This adjustment is part of the company’s strategy to ensure predictability in long-term investment recovery and aligns with its carbon neutrality goals.

More about Hokkaido Electric Power Company,Incorporated

Hokkaido Electric Power Company, Incorporated operates in the energy sector, focusing on electricity generation and distribution. The company is involved in developing thermal power stations and is committed to achieving carbon neutrality by 2050.

YTD Price Performance: -16.62%

Average Trading Volume: 119

Technical Sentiment Signal: Hold

Current Market Cap: €860.3M

For detailed information about 9509 stock, go to TipRanks’ Stock Analysis page.

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