Dhaka, Oct. 8 -- In a move to establish major energy infrastructure, including power generation projects in Bangladesh, Japan's largest energy company JERA Co., Inc. ("JERA"), has acquired a 22% stake in Summit Power International Limited ("Summit") for USD 330 million. Summit is the largest independent power producer (IPP) in fast growing Bangladesh. The investment has been finalized within only four months of signing the memorandum of understanding (MoU) between JERA and Summit in Tokyo, in presence of the Honourable Prime Minister Sheikh Hasina, Honorable State Minister, Ministry of Power, Energy and Mineral Resources, Nasrul Hamid MP, Honorable State Minister, Ministry of Foreign Affairs, Shahriar Alam MP, Honorable Principal Coordina...