Japan energy firm J-Power to scale down U.S. fossil-fuel interests

Company to use cash from power plant sales as part of renewable energy shift

20241018N J-Power

J-Power will hold on to its interests in two newer U.S. thermal plants, including this one in Illinois. (J-Power)

KOKI IZUMI, Nikkei staff writer

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.

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