Thursday, 13 December 2018

JERA to become Japan’s largest power generator from April 2019

Japan’s largest LNG importer JERA will also become the nation’s biggest power producer as of April 2019 when it will take control of TECPO and Chubu Electric’s domestic power business. Rated ‘A-minus by Standard & Poor’s, analysts caution that over the next three years JERA plans to invest in high-risk upstream LNG concessions and unregulated power projects overseas.

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