JERA acquires increased stake in Australia's Wheatstone LNG project
Strengthens PEJ stake to 50.1% through JOGMEC share acquisition; continues stable procurement of 5.2 million tons annually and optimizes supply structure
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Integrated energy company
jera.co.jpLast updated
In short: JERA unveiled a 2035 strategy investing ¥5 trillion in LNG, renewables and new fuels, while expanding LNG supply and AI projects.
Strengthens PEJ stake to 50.1% through JOGMEC share acquisition; continues stable procurement of 5.2 million tons annually and optimizes supply structure
The agreement with Dell and RHAELM initiates the $15 billion Chiba Project, aiming to provide reliable energy for large-scale AI deployment.
Sales and operating income increased. As a forecast for the second half, it anticipates net income of 280 billion yen.
JERA secured government certifications for support systems, enabling the creation of a domestic low-carbon ammonia supply chain by 2029 through stakeholder collaboration.
JERA, a power generation company jointly funded by Tokyo Electric Power Company and Chubu Electric Power, announced on the 14th that it has acquired a 42.08% stake in Pacific Energy (PEJ), which participates in the Wheatstone liquefied natural gas (LNG) project in Western Australia (WA), from the Japan Oil, Gas and Metals National Corporation (JOGMEC). Its ownership ratio will rise from 8.02% to 50.1%, giving it a majority stake. The move aims to strengthen its involvement in the LNG business and secure stable supplies. The share acquisition was [on] the 2nd...
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Japan's biggest power generator JERA will partner with Dell Technologies and UK-based AI infrastructure developer RHAELM to accelerate the development of AI infrastructure in Japan...
JERA said net profit for FY2025 rose 5.2% year on year to 193.5 billion yen, while operating profit climbed 14.6% to 275.9 billion yen, supported...
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