Tag: Project-Finance
Project-Finance Agreement Signed for MC-Hokuden Hydro Power Alliance
Hokkaido Electric Power Company (Hokuden) and Mitsubishi Corporation (MC) are pleased to announce that we will be establishing a new joint venture in November 2021 that will be dedicated to hydroelectric power generation. The company, Donan Hydroelectric LLC (Donan Hydro), will be headquartered in Hakodate City, Hokkaido Prefecture. In conjunction with the new joint venture’s establishment, Hokuden and MC have also agreed to form a hydroelectric power alliance that will service Hokkaido’s Donan region.Our alliance will begin by Hokuden replacing in stages five existing power plants in Southern Hokkaido Prefecture, with Donan Hydro managing their operations thereafter. The five plants ... Read more