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ORIX Corporation, Wind Power Group, and SB Energy Corporation have announced that ORIX has agreed to participate in the joint development and construction of Kashima Port Large-Scale Offshore Wind Farm which is to be built offshore of Kashima Port in Kamisu City, Ibaraki Prefecture, Japan.

The project involves the installation of 20 5MW wind turbines offshore of Kashima port. The wind farm planning and construction will be carried out by Wind Power Energy K.K., a special purpose company jointly invested by ORIX, Wind Power Group, and SB Energy. This is the first time ORIX has taken part in an offshore wind farm project. The Wind Power Group, SB Energy, and ORIX will aim for further expansion and wider usage of renewable energies through the development and operation of renewable energy power plants, including wind farms.

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