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ITOCHU and GE in agreement over renewable energy investment and collaboration

June 4th, 2010 | Posted in General Wind


ITOCHU Corporation (Tokyo, Japan) and General Electric have entered into a collaboration and cooperation agreement to explore worldwide renewable energy investment opportunities. Under this agreement, GE Financial Services, ITOCHU International and Tyr Energy (hodling company of ITOCHU), are in discussions over co-investing in wind power, particularly the Keenan II wind power project (in Oklahoma, with 152 MW capacity), and another wind energy project, also in the US.

ITOCHU and GE have a history of collaboration, mostly through Tyr Energy.

[source: ITOCHU]