Japan builder Infroneer to buy wind power firm for $1.3bn from Bain

Exclusive: Deal for Japan Wind Development seeks foothold in growing industry

20231211N wind turbines

Japan's market for wind power generation equipment is forecast to grow significantly in the coming years. (Japan Wind Development)

TAKESHI HASHIMOTO, Nikkei staff writer

TOKYO -- Japanese civil engineering group Infroneer Holdings plans to acquire wind power company Japan Wind Development from U.S. private equity firm Bain Capital for an estimated 200 billion yen ($1.36 billion), Nikkei has learned.

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