China Electric Power, Toda Construction invest in MOL-backed Masuda-Hikimi Wind Power Project in Japan

China Electric Power Co., Inc. and Toda Corporation acquired minority stakes in Asia Wind Power Co., Ltd., the special purpose company developing the Masuda-Hikimi Wind Power Project in Shimane Prefecture, Japan. The 54 MW onshore wind farm, consisting of 13 turbines with 4,200 kW capacity each, will be constructed in Hikimi-cho, Masuda City, Shimane Prefecture. Scheduled for commercial operation in January 2030, the project is being developed by Asia Wind Power Co., Ltd., a joint venture established in 2019 by Mitsui O.S.K. Lines, Ltd. and Hokutaku Co., Ltd. The investment by China Electric Power and Toda Corporation strengthens the project's financial backing and accelerates construction activities. The project aligns with Japan's decarbonization goals and will contribute to the local community's energy transition.

Counterparts (6)

Investor

Mitsui O.S.K. Lines (MOL)

company · 3 deals

Mitsui O.S.K. Lines (MOL) is a global Japanese shipping conglomerate with FY2023 revenue exceeding JPY 1.6 trillion, operating a diverse fleet of over 700 vessels including LNG carriers, bulkers, and car carriers, providing worldwide maritime transport and logistics.

株

株式会社北拓 (Hokutaku Co., Ltd.)

company · 1 deals

中

中国電力株式会社 (The Chugoku Electric Power Co., Inc.)

company · 1 deals

TODA Corporation

company · 1 deals

TODA Corporation is a Japanese construction company with a focus on building construction, civil engineering, and real estate development. They are involved in a wide range of projects, including infrastructure development.

株

株式会社商船三井

company · 1 deals

Developer

ア

アジア風力発電株式会社 (Asia Wind Power Co., Ltd.)

company · 1 deals