Marubeni Unit to Build Small Hydropower Station in Fukushima

A unit of Marubeni Corp. (8002) will build a 175-kilowatt hydropower station in Fukushima prefecture.

The plant will be operated by Mibugawa Electric Power Co., a wholly owned unit of the Japanese trading company, and will start running in April, Marubeni said in a statement today.

The project will be Mibugawa’s eighth small hydropower plant in Japan. The company plans to develop about 30 hydropower stations by 2020, according to the statement.

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

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Iain Wilson, Ana Monteiro

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