Develop Wood-based Biomass Power Plant in Gifu Prefecture
-Operations Scheduled to Commence in March 2023-

Sep. 25. 2020
Marubeni Corporation
Chubu Electric Power Co., Inc.

Marubeni Corporation (hereinafter, ”Marubeni”) and Chubu Electric Power Co., Inc (hereinafter “Chubu Electric”) established a special purpose company, “Gifu Seino Green Power LLC (hereinafter, “GSGP”) to develop a wood-based biomass power plant, “Godo Biomass Power Plant” in Godo Town, Anpachi ,Gifu Prefecture. In addition, today, GSGP signed a Pollution Control Agreement with Godo Town, and a Loan Agreement with Ogaki Kyoritsu Bank, Ltd. and Juroku Bank Ltd.

This project is to construct and operate a wood-based dedicated biomass power plant with a power generation output of 7,500 kW that mainly uses unused thinned wood produced in Gifu Prefecture.

In the future, based on the Pollution Control Agreement, we will work closely with Godo Town on pollution prevention and environmental conservation efforts, and aim for the start of power plant operations in March 2023 with the understanding and cooperation of the local people and other related parties.

<Outline of Godo Biomass Power Plant>
Place 2245-10, Godo Town, Anpachigun, Gifu Prefecture etc.
Teijin Co., Ltd., on the premises of the Ibigawa Plant
Power Generation Output 7,500kW
Estimated annual power generation Approximately 53 million kWh
(equivalent to approximately 17,000 ordinary households)
Fuel Type Wood Chips
Construction Start Date October, 2021
Commercial Operation Date March, 2023
<Outline of Gifu Seino Green Power LLC>
Established September, 2020
Head Office 2-7-1, Nihonbashi, Chuoku, Tokyo
Representative Officer Performing Duties
Seishi Narita(Marubeni Clean Power Corporation)
Business Construction of wood-based biomass power plant, supply and sale of electricity etc.
Investment Marubeni Clean Power Corporation※(50%), Chubu Electric(50%)

※Marubeni has invested in GSGP through its wholly owned subsidiary Marubeni Clean Power Corporation