World’s Biggest Offshore Wind Farm Developer Moves Into Japan
- SSE announces offshore wind JV with Japan’s Pacifico Energy
- SSE will acquire an 80% stake in some early-stage projects
Source: SSE Plc
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SSE Plc formed a joint venture in Japan to gain a foothold in one of the most promising markets for offshore wind.
The Scottish utility, one of the companies behind the world’s largest offshore wind park, will pay $208 million to take an 80% stake in a joint venture with Pacifico Energy, one of Japan’s largest renewable energy firms, it said in a statement on Wednesday.