Eneos to buy Japan Renewable Energy for US$1.8bn
ENEOS Corporation has decided to acquire the entire issued shares of Japan Renewable Energy Corporation (JRE), indirectly owned by the Infrastructure business within Goldman Sachs Asset Management. Following the completion of the transaction, planned for late January 2022, JRE will become a wholly-owned subsidiary of ENEOS.
JRE was established by Goldman Sachs in 2012 and has built up its renewable asset base across the nation, diversified in solar, onshore wind, and biomass. As of the end of September 2021, JRE owns generation assets in operation or under construction of 877,101 kW capacity (419,185 kW in operation and 457,915 kW under construction based on gross capacity).
Country updates
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October 28, 2021
Idemitsu Kosan starts commercial operation of 16.88 MW solar PV project in Iwate prefecture
Idemitsu Kosan Co Ltd, through its subsidiary RS Renewables Co Ltd, has started the commercial operation of its 16.88 MW solar photovoltaic project located in Iwate prefecture, Japan. The...
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October 22, 2021
SB Energy, TotalEnergies complete 51.6 MWp Miyagi Osato Solar Park
SB Energy Corp has completed Miyagi Osato, a 51.6 MW solar farm, located in Osato, Miyagi prefecture, Japan. The plant is operated by Miyagi Osato Solar Park G.K., a special purpose company, majority...
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October 08, 2021
J-Power starts construction of 34 MW wind farm in Ehime prefecture
J-Wind Co. a wholly-owned subsidiary of J-POWER, has started the construction of the 34 MW Minami Ehime No. 2 wind project located in Uwajima City, Ehime prefecture, Japan. The wind f...
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October 07, 2021
Kyocera completes restoration of 13.7 MW floating solar project in Chiba
Kyocera Corp has completed the restoration of the 13.7 MW floating solar plant named "Chiba Yamakura Water Mega Solar Power Plant" located in Chiba prefecture, Japan. The project underwent rest...
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September 13, 2021
Renova closes financing for 49.9 MW Karatsu Biomass Power Plant project in Saga prefecture
Renova, Inc. has made a final investment decision regarding the large-scale biomass power generation project, 49.9 MW Karatsu Biomass Project, being developed by Renova in Saga prefecture, Japan. In...
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