The Japanese conglomerate currently has a 50% stake in the JV, which this month it had the right to boost to a controlling 51% under the terms of the agreement that set up the company in 2014.
MHI told Recharge earlier this month it was deliberating over the issue. Analysts said the company was probably weighing the benefits of control and the advantages of maintaining the equilibrium of a so-far successful 50/50 relationship.
“We
