Hokutaku and MOL established investment limited partnership for offshore wind power business
Mar 04, 2022Hokutaku Co., Ltd. and Mitsui O.S.K. Lines, Ltd. (MOL) announced that, the companies established the Hokutaku MOL Wind Energy Investment Limited Partnership (Hokutaku/MOL Wind Energy Fund) with the objective of investing in the offshore wind energy business, which is expected to grow in the future.
The Hokutaku/MOL Wind Fund aims at about ¥10 billion-scale investment in offshore wind energy projects.
By combining Hokutaku’s network and operational expertise in the wind energy industry with MOL group’s know-hows across various social infrastructure business, including ocean shipping industry, both companies are committed and contributing to adding new values and developing the supply chains in offshore wind power generation industry, which is expected to become the main driver for de-carbonization in Japan.
Similar Stories
The United States produced more crude oil than any other country in 2025
View ArticleShell to sell Sprng Energy group to Aditya Birla Renewables Limited
Shell Overseas Investment B.V. signed an agreement with Aditya Birla Renewables Limited (ABRen) to sell 100% of Solenergi Power Private Limited, which includes the Sprng Energy group of companies, for…
View ArticleFranc Mouzabakani takes the helm of the Republic of Congo’s upstream petroleum sector
Franc Mouzabakani Kiesse has been appointed Director General for of the Upstream Petroleum Sector for the Republic of Congo.
View Article
Maiden call of the CMA CGM Notre Dame in Rotterdam
View ArticleDepartment of Transportation moves forward on Delfin LNG deepwater port licensing following court win
The U.S. Department of Transportation’s Maritime Administration (MARAD) will move forward with issuing a Deepwater port license to Delfin LNG following a decision by the U.S. Court of Appeals for…
View Article
BTS motor fuel prices – June 2026
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
