Top Class Global IPP Portfolio with Rich Sales & Marketing Knowledge, Worldwide Strongholds for Project Development & Asset Management

In the power generation business, Marubeni delivers a safe & stable supply of power by taking a leading role throughout the entirety of the projects in which it participates; from the development stage, to construction, and finally operation & maintenance, Marubeni leverages its industry expertise, fostered by a wealth of knowledge and experience in EPC and Project Finance, and fully supported by a worldwide network of strongholds for project development & asset management. Marubeni has built an optimum IPP/IWPP asset-portfolio in a diverse range of fields and across many regions of the world, most of which are guaranteed under long-term PPA contracts which provide a stable profit foundation. In more than 20 countries around the world, our total net generation capacity is 12,003MW (as of the end of March 2019) which is a comparable scale to the international leading IPP players.

Proactively Promoting and Increasing Renewable Energy Projects to Contribute to a Low-Carbon Society

Marubeni recognizes that climate change is a global issue that affects both environmental and social sustainability. In accordance with the Marubeni Group’s sustainability management policies, and in recognition of the importance of counteracting the effects of climate change, Marubeni will reduce its greenhouse gas emission volume from its power generation portfolio by both cutting its coal-fired power net generation capacity in half^*1 and also no longer entering into any new coal-fired power generation business as a general principle. Furthermore, Marubeni will expand its renewable energy generation business^*2 in addition to deploying innovative technologies to increase the efficiency of its portfolio assets and proactively promote the reduction of its environmental impact.

1 We will cut our net generation capacity of coal-fired power generation (approximately 3GW at the end of FY2018) in half by 2030.

2 Renewable energy power generation currently accounts for approximately 10% of our net generation capacity. We will increase this to approximately 20% by 2023.

A Robust Track Record of Overseas Power EPC Projects & Unique EPC Contract Knowledge and Experience

Since Marubeni began the supply and construction of overseas power projects in the 1960s, we have proactively engaged with Japanese and multi-national major equipment manufacturers, and compiled a robust track record of power generation, T&D and S/S EPC projects all over the world. Such expertise as an EPC contractor creates a synergy-effect with IPP/IWPP development. Furthermore, in the offshore wind turbine installation business, we are planning an expansion into the Asian market in addition to our existing bases of operation in Europe.

Extensive Experience in Power Aggregation and Retail

Through SmartestEnergy Ltd., a company established in the U.K. in 2001, we are conducting the aggregation/whole-procurement and retail sale of primarily renewably generated power to the U.K. power market. Furthermore, in 2000 when the Japanese domestic power retail market became deregulated, Marubeni established Marubeni Power Retail Corporation as a PPS (Power Producer and Supplier) and entered the market. This allowed Marubeni to, among other things, internally balance the supply and demand of power retail sales through power sourced from Marubeni-owned plants. Marubeni has thus accumulated ample skill in supply and demand management, and has an impressive track record of power projects.

Promoting Community-Based Power & Power Servicing Businesses to Support the Resolution of Regional Social Subjects

Marubeni promotes community-based power businesses in regions of Africa that do not yet have access to electricity through our business with WASSHA Inc, a company which uses solar panels and chargeable lanterns to supply portable power to various regions of Tanzania, where roughly 76% of the population is still without access to electricity. Furthermore, as we have become aware of growing interest in the idea of energy autonomy through renewable energy and de-centralized power sources, we have established Marubeni Ina Mirai Denki Corporation, a new company in Ina City, Nagano, Japan, which provides lifestyle services centered on power retailing and local needs. Moving forward, we will expand a multitude of power and service businesses that will assist in the development of regional societies.