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JERA Acquires 15.1% Interest in Australia's Scarborough LNG Project
Oct 31, 2024•over 1 year ago
Contract Type
partnership
EnergyRenewable Energy
Description
Japan's JERA has deepened its relationship with Australia through the completion of an agreement to acquire a 15.1% interest in Australia's Scarborough LNG project, with a completed acquisition cost of US$1.4 billion.
Company Information
Company
JERA
About
JERA is a 50-50 joint venture of two major Japanese power companies, Tepco and Chubu Electric Power. It produces about 30% of all electricity in Japan.
