(Bloomberg) — Orix Corp. is investing in a 100-megawatt
wind farm off the coast of Ibaraki prefecture, northeast of
The project, which is being developed by Komatsuzaki Group
and SB Energy, a unit of SoftBank Corp., will install 20 5-megawatt turbines, the companies said in a statement Thursday.
It is the first investment in offshore wind for Orix,
according to the statement. No financial terms were disclosed.
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Chisaki Watanabe in Tokyo at
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Reed Landberg at
Andrew Hobbs, Amanda Jordan