PowerX, Inc. announced that it has received ¥2.7 billion in funding from JA Mitsui Leasing, Ltd., Sompo Japan Insurance Inc., Shoei Kisen Kaisha, Ltd., Tatsumi Shokai Co.,Ltd., Shikoku Electric Power Company, Incorporated

Shikoku Electric Power Company, Incorporated is principally engaged in electricity generation and supply business. The Company operates in four segments. The Electricity division distributes electricity. The Information Communication division is involved in the provision of fiber to the home (FTTH) service, cable television broadcasting service, corporate communication service, information system service and cloud service, among otherrs. The Construction and Engineering segment conducts research, design and construction of electrical, mechanical, civil engineering and construction related works. The Energy segment sells and leases power-using equipment, supplies heat, stores and vaporizes liquefied natural gas (LNG), manages overseas businesses, as well as procures coal products.