Japanese energy company JERA has transferred part of its ownership in the Ishikari Bay New Port offshore wind farm to an investment firm jointly established by Hokkaido Electric Power and Tohoku Electric Power, the companies said on Tuesday.
The transaction, completed on 30 September, brings Hokkaido Electric and Tohoku Electric on board as co-owners of the 112-megawatt (MW) offshore wind facility, alongside existing partners JERA and Green Power Investment.
The project, located off the coast of Hokkaido at Ishikari Bay New Port, comprises 14 Siemens Gamesa 8MW turbines and a 180 megawatt-hour (MWh) battery storage system. It began commercial operations on 1 January 2024 and supplies electricity to Hokkaido Electric Power Network under a 20-year power purchase agreement.
JERA said the project has been “stably operated” in collaboration with Green Power Investment, with ongoing engagement from the local communities of Ishikari City and Otaru City.
“The participation of Hokkaido Electric and Tohoku Electric will further enhance the project’s stability by leveraging their strong regional ties and extensive experience in reliable power operations,” JERA said in a statement.
The companies added that they remain committed to contributing to Japan’s decarbonisation goals while supporting local development.
