Monday, March 23, 2015

Scarey. When Bain Capital is throwing in with existing management to profit from wind energy, it makes one pause.

March 22, 2015
By Chisaki Watanabe

...JWD Holdings K.K., (click here) set up in February and equally owned by the fund and Japan Wind President Masayuki Tsukawaki, will pay 580 yen a share, Japan Wind (click here) said in a statement Monday. The price is 25 percent higher than Friday’s close of 463 yen.

“Bain Capital will work together with the current management led by Mr. Tsukawaki,” Bain said in a statement. “We will support further development of wind power generation business through providing support for funding and strengthening management infrastructure for stable growth."...