Kajima, Nippon Steel & Sumitomo May Develop Offshore Wind Farms

Kajima Corp. (1812) and the engineering unit of Nippon Steel & Sumitomo Metal Corp. (5401) may develop 500 megawatts of offshore wind power capacity in the next five years, the two companies said in a statement yesterday.

Nippon Steel & Sumikin Engineering Co. and Kajima, a Japanese general contractor, are studying ways to combine their expertise in building offshore structures and wind power stations to develop the offshore generators, according to the statement.

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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