Wind Energy
In addition to the Northwester 2 and Nobelwind projects, which Sumitomo owns with JERA and Nex BP, the company is also exiting the 216 MW Northwind farm.
The sales of Sumitomo Corporation’s stakes in Nobelwind and Northwester 2 to JERA Nex bp have been completed as reported earlier. Additionally, Sumitomo has decided to sell its stake in Northwind to Publiwind, a consortium comprising Belgian investment firms.
Subject to approval from relevant authorities, the transaction is scheduled to be completed during fiscal year 2026.
