Japan's JERA to buy Belgium's top offshore wind company for $1.7 bln

, will add Parkwind's four offshore wind farms in Belgium and a new wind farm being built in Germany to its renewable portfolio through the deal.

"We want to gain Parkwind's know-how and knowledge of offshore wind power projects in Europe that can be utilized in JERA's existing wind farms and new projects mainly in Asia," Ken Matsuda, the head of JERA's overseas offshore wind power business group, told a news conference. Virya Energy, which agreed to sell Parkwind to JERA, will study the possibility of reinvesting in a minority stake in Parkwind's Belgian wind farms, JERA said. The deal is to be closed later this year, pending approvals.

That doesn't sound at all risky...................

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Japan plans $75 bln investment across Indo-Pacific to counter ChinaJapan's Prime Minister Fumio Kishida on Monday announced a new plan to promote an open and free Indo-Pacific, promising billions of dollars in investment to help economies across the region in everything from industry to disaster prevention. Japan is broke. Üçüncü dünya savaşı çıkacaksa oralarda çıkıcak, son 25 yılda para pasifiğe aktı. Isn’t it just B (or b) for billion? I’ve never seen bln before.
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