TOKYO -- Japanese energy company J-Power plans to scale back its U.S. fossil-fuel power generation business by selling as many as nine of 11 stakes in plants it holds, looking to use the funds to develop renewable energy generation overseas.
Company to use cash from power plant sales as part of renewable energy shift

J-Power will hold on to its interests in two newer U.S. thermal plants, including this one in Illinois. (J-Power)
TOKYO -- Japanese energy company J-Power plans to scale back its U.S. fossil-fuel power generation business by selling as many as nine of 11 stakes in plants it holds, looking to use the funds to develop renewable energy generation overseas.