JERA, a Japanese energy company, has signed an agreement with Virya Energy to acquire 100 per cent of the shares of Parkwind, Belgium’s top offshore wind company, in a $1.7 billion deal. JERA is a partnership between Chubu Electric Power Company and Tokyo Electric Power Company.
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Japanese utility company JERA, through its subsidiary JERA Asia, has agreed to purchase a 35.1 per cent stake in Gia Lai Electricity (GEC), a Vietnam-based renewable energy company. For an undisclosed sum, JERA will purchase the stake from Armstrong South East Asia Clean Energy Fund and International Finance Corporation (IFC). GEC, a subsidiary of TTC Group, has a portfolio of renewable energy projects with a combined capacity of around 600 MW, including hydro, solar, and wind power plants.
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JERA, Japan’s power generator, announced that it will invest $1.4 billion over the next five years to create 1 GW of solar power farms in Japan, in collaboration with local energy developer West Holdings Corp. To help combat climate change, JERA also plans to increase its renewable energy capacity to 5 GW by 2025, up from approximately 1.5 GW presently.
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JERA, a Japanese energy company, has signed a share purchase JERA, a Japanese energy company, has signed a share purchase agreement with Aboitiz Equity Ventures and Aboitiz & Company for the purchase of approximately 27 percent of Aboitiz Power Corporation’s (Aboitiz Power) outstanding shares for $1.58 billion.
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