JERA Launches Global Renewable Energy Arm, JERA Nex, Headquartered in London
Japan's leading power company, JERA Co., Inc., has announced the establishment of JERA Nex Limited (JERA Nex), marking a significant leap into the global renewable energy market. Headquartered in London, JERA Nex aims to develop, invest in, own, and operate various renewable energy assets, including offshore and onshore wind, solar, and battery storage. This move underscores JERA's commitment to decarbonization and aligns with its long-term vision of achieving zero CO2 emissions by 2050.
Combining the resilience of JERA as one of the world's largest electricity producers with the focus of a dedicated renewables business, JERA Nex is poised to achieve substantial scale rapidly. With an ambitious target of developing 20GW of renewable capacity by 2035, JERA Nex will explore selective acquisition opportunities and strategic partnerships to bolster its portfolio for the future.
The establishment of JERA Nex follows JERA's active investments in renewables globally, including the acquisition of Parkwind, Belgium's largest offshore wind platform. Leveraging the expertise of Nathalie Oosterlinck, Head of Global Renewables at JERA, who will serve as CEO of JERA Nex, the company is well-positioned to drive clean energy initiatives forward.
The United Kingdom, renowned for its expertise in financing and developing renewables projects, will serve as the global headquarters for JERA Nex. This strategic move underscores JERA Nex's commitment to harnessing the UK's talent pool and market leadership to expand its capabilities and pipeline worldwide. With JERA Nex, JERA is poised to play a significant role in shaping the future of renewable energy and contributing to a sustainable and decarbonized energy landscape.
Source: jera.co.jp
