Summit Wind Power Plans to Build 6 Wind Turbines, Nikkei Reports

Summit Wind Power Corp. plans to build six wind turbines with a total capacity of 18 megawatts in Ibaraki prefecture in central Japan, the Nikkei newspaper reported today.

Investment is expected to be as much as 5 billion yen ($63 million) and operations may start in 2016, the newspaper reported without saying where it got the information.

Summit Wind is a unit of Summit Energy Corp., wholly owned by Japanese trading company Sumitomo Corp. (8053)

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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