JAPAN BANK BUYS INTO UK OCEAN WIND
DBJ to Buy Half of Marubeni Stake in U.K. Offshore Wind Project
Chisaki Watnabi, December 26, 2013 (Bloomberg News)
"Development Bank of Japan Inc. will buy half of the stake in a 172-megawatt offshore wind project in the U.K. owned by Marubeni Corp. (8002), which purchased its original holding for 200 million ($329 million) pounds in 2011…The bank and Marubeni will now each own 24.95 percent of the Gunfleet Sands facility off Essex…Denmark-based Dong Energy A/S will retain its majority ownership and will continue to operate the project…” click here for more
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