CHICAGO, U.S. / TOKYO, JAPAN (December 18, 2019) – Invenergy Wind Development Japan GK (Invenergy) announced today that Tohoku Electric Power Company (Tohoku Electric), one of Japan’s largest utilities, will make a minority investment in the 102-megawatt Inaniwa Wind Project currently in development.
The Inaniwa Wind Project, an onshore wind facility, will be located in Ninohe City and Hachimantai City in Iwate Prefecture and is expected to start construction in 2023 and begin operations in 2025. The partnership combines Invenergy’s development and operations expertise with Tohoku Electric’s domestic knowledge of the electric industry, supporting the advancement of Japan’s renewable energy goals.
“We are proud to work with Tohoku Electric to help them achieve their goal of growing their renewable energy portfolio,” said Bryan Schueler, Chief Development Officer and Executive Vice President, Invenergy. “Their investment in our Inaniwa Wind Project represents a significant milestone as we work to advance renewables in Japan.”
Since opening its first office in Tokyo in 2013, Invenergy has advanced its development pipeline of approximately 350 megawatts of solar and wind projects in Japan and is currently expanding to provide offshore wind and advanced energy storage solutions. As Japan advances to make renewable generation a primary energy source, Invenergy is growing its Japan team to fully support this effort.
We are innovators building a sustainable world. Invenergy and its affiliated companies develop, own, and operate large-scale sustainable energy generation and storage facilities in the Americas, Europe and Asia. Invenergy's home office is located in Chicago, and it has regional development offices in the United States, Canada, Mexico, Colombia, Japan, Poland and Scotland. Invenergy has successfully developed more than 24,000 megawatts of projects that are in operation, construction or contracted, including wind, solar, and natural gas power generation facilities as well as advanced energy storage projects. For more information, please visit www.invenergyllc.com.