TESS Holdings Subsidiary Wins 13 Billion Yen Order for Power Storage Plants

MT Newswires Live

2025/09/24

Tess Holdings (TYO:5074) said unit TESS Engineering received an order worth about 13 billion yen to provide engineering, procurement and construction services for power storage plants, according to a Wednesday filing on the Tokyo Stock Exchange.

The order, from DEI Battery Fund Beta LLC through Daiwa Energy & Infrastructure, is scheduled for delivery in April 2028.

TESS said revenue will be booked gradually from the year ending June 2026 through June 2028, with minimal impact on fiscal 2026 results.

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