News

IPP

Staff Reporter

, Japan

Published:

5 months ago

237 views

Photo by Lukas via Pexels

J-POWER sells stake in Green Country Energy

This will be completed by end-June 2025.

Japan’s Electric Power Development (J-POWER) announced the sale of all its 50% equity interest in Green Country Energy, together with the entire interest held by its partner to Public Service Company of Oklahoma, a wholly-owned subsidiary of American Electric Power.

Following the sale of its stake in the gas-fired power generation business, J-POWER said it “will continue to operate its business with the aim of growing and enhancing the value of its overseas power generation business.”

J-POWER said the sale is part of its asset portfolio reconfiguration, a strategy to improve its capital efficiency to support the company’s earlier announced Medium-Term Management Plan 2024–2026.

The transaction is expected to be completed by the end of June 2025.

Whilst a review is ongoing, the company expects to gain from the sale in the fiscal year ending 31 March 2026.

Follow the link for more news on

J-Power

Also Read

ACME Solar secures 250 MW FDRE project in NHPC auction

Continuum Green Energy seeks INR 36.5b through maiden offering

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Costly modules drag India's solar deployment

This has led to a shortfall in the rollout.

2 days ago

Global solar and wind energy capacity to reach new record in 2025

They will be critical in energising emerging sectors such as data centres.

2 days ago

India's offshore wind faces 12-year wait for grid parity

The VGF scheme may not be enough to fill the gap.

2 days ago

India’s VGF scheme enough to fund Indian BESS deployment

The country was urged to accelerate the distribution of funding available.

Lending & Credit

2 days ago

Exclusives

Cambodia urged to rethink its costly LNG ambitions

It should learn from peers who struggle to fuse the costly fuel into their energy systems.

Power Utility

4 days ago

Trump 2.0 could thump India's solar ambition

Its solar companies may need to set up manufacturing plants in the US to bypass tariffs.

4 days ago

Oracle Power in talks for $1.4b financing of hybrid RE plant in Pakistan

The 1.3 GW wind and solar plant may start supplying power to 1.2 million houses by 2028.

Project

Clean power must meet Asian demand amidst fading coal investment

Weaning the region off coal is a challenge, with rising electricity requirements.

Lending & Credit

Event News

Co-Written / Partner Sarawak Energy recognised with five honours at the Asian Power Awards 2024

Malaysia’s largest renewable energy developer received recognition for its digital transformation in power generation and advancements in sustainable hydropower development.