Thursday, 4 July 2024

SoftBank has discussed energy project funding with banks, The Information reports

FILE PHOTO: SoftBank's logo is
pictured at a news conference in Tokyo
(Reuters) - Japanese technology investor SoftBank Group has recently talked with banks about borrowing money to invest up to $10 billion in energy-related projects, The Information reported on Thursday. 

The group could secure the capital for power-related investments by securing bank loans and tapping other investors, the report added, citing a person with direct knowledge of the discussions. 

SoftBank did not immediately respond to a Reuters request for comment.



Full story at Yahoo News.

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