History of Mitsui’s Power & Infrastructure Business and MCEP
※Quoted from Releases of Mitsui & Co.,Ltd.
2000s
Established Power & Infrastructure Project Development Div. in Mistui & Co., Ltd. (Mitsui)
Embarked on the expansion of overseas IPP business
December
Acquired 9 overseas power assets (total 6,086MW) with International Power plc (UK) from Edison
Mission Energy (USA) through IPM Eagle LLP (UK, owned by Mitsui and IPR 30% and 70% respectively)
Established Mitsui & Co. Power & Infrastructure Development Ltd. (MPID) as a specialty company for the purpose of managing overseas IPP businesses Mitsui invested in
Purchased Saltend (1,200 MW Gas Fired, UK) through IPM
Valladolid 525 MW in Mexico started commercial operation (with Chubu Electric)
Integrated the International Power plc’s UK power assets into IPM (Total Capacity 4,980MW)
Acquired Desarrollos Espana (1.5MW, Photovoltaic, Spain) through IPM
August
Amman East 370MW in Jordan started commercial operation (with AES)
October
Greenfield Energy Centre 1,005MW in Canada started commercial operation (with Calpine)
2010s
Acquired Gas Natural assets in Mexico (2,233MW) with Tokyo Gas
MPID opened Singapore branch
Mitsui entered into Power Purchase Agreement in Jordan
Mitsui agreed to participate in renewable energy power generation projects in
Mitsui agreed to participate in wind power generation project in Mexico
May
Mitsui agreed to participate in Jirau run-of-the river hydropower project in Brazil
October
Mitsui agreed to participate in power genetation and power/gas retail business in Australia
Mitsui agreed to participate in power generation project in New York City
December
Mitsui agreed to participate in wind power generation project in Mexico
Receipt of Letter of Award for 2,000MW Ultra Super Critical Coal-fired Power Project in Malaysia
September
Mitsui enters into Finance Agreements for the Safi IPP Project in Morocco
October
Equity Participation in Wood Biomass Power Generation Company in Tomakomai City, Hokkaido
November
Mitsui to Participate in Cogeneration Power Projects in Thailand
December
Participation in 50 MW gas-fired power generation project in Myanmer
Mitsui to Participate in Salalah-2 Power Project in Oman
April
Mitsui to Invest in Stem Inc.
May
Mitsui Sells Stake in UAE Umm Al Nar Power and Water Project
October
Acquisition of Gas Distribution Business in Brazil
Mitsui to Participate in Ibri, Sohar-3 Power Projects in Oman
February
Mitsui to Participate in Distributed Energy Resources Aggregation and Orchestration Service Provider Sunverge Eenrgy, Inc.
October
Decision on Commercialization of Natural Gas-Fired Power Generation Project at Soma Port in Fukushima Prefecture and Participation of New Business Partners in the Project
Mitsui Successfully Acquires SunEdison’s Commercial & Industrial Division
April
Mitsui Enters into Power Purchase Agreement for Solar Photo-voltaic Project in Jordan
August
Mitsui to Launch Digital Transformation Demonstration Experiment at Power Plant in Mexico
October
Mitsui to Participate in Desalination and Pumping Projects for BHP Spence Copper Mine in Chile
MODEC, Mitsui, MOL, Marubeni and MES to Proceed with the Ultra-Deepwater FPSO Charter Project for Sepia Area of Brazilian Offshore Pre-Salt Oil Field
May
MODEC, Mitsui, MOL, Marubeni and Mitsui E&S to Proceed with the Ultra-Deepwater FPSO Charter Project for Mero field of Brazilian Offshore Pre-Salt Oil Field
November
Mitsui to Move Forward with Gas-fired Thermal Power Plant Project in Chonburi Province, Thailand
December
Mitsui to Invest in a Wind Power Generation Project in Southern Argentina
Mitsui to Invest in Retig, a wholly-owing parent company of Tonik Energy, which operates an electricity and gas retail business in the United Kingdom.
April
Participation of Mitsui and MOL and Conclusion of Financing for FPSO Charter Project of MODEC for Area 1 Block offshore Mexico
November
MODEC, Mitsui, MOL and Marubeni to Proceed with the Deepwater FPSO Charter Project for Buzios Field of Brazilian Offshore Pre-Salt Oil Field.
2020s
Mitsui to Sell Its Interest in Power Generation Project in the U.S.A. MODEC, Mitsui, MOL and Marubeni to Proceed with the Deepwater FPSO Charter Project for Marlim Field of Brazilian Offshore Oil Field.
September
Financing agreement for the Taza Onshore Wind Power Generation Plant in the Kingdom of Morocco comes into force.
Mitsui to devest shares in PT Paiton Energy
September
Mitsui to divest its interest in MT Falcon Holdings
Participation in Global Renewable Energy Company, Mainstream Renewable Powerルに展開するMainstream Renewable Power
April
Mitsui to Invest in a 1,300MW Renewable Energy Project in India
July
New company builds and operates a trans-Pacific submarine cable system between the US and Japan
Feasibility Study for Demonstration Project of Green Ammonia Production in Chile Adopted by NEDO.
April
Planned Commencement of Tender Offer to Acquire Metro Pacific Investment Corporation, an Integrated Infrastructure Company in the Philippines
June
Notice Regarding Progress of Tender Offer to Acquire Metro Pacific Investments Corporation, an Integrated Infrastructure Company in the Philippines
July
The expected timing of sale completion of shares in PT Paiton Energy Mitsui Invests in the World’s First e-Methanol Production & Sales Business in Denmark
August
The expected timing of sale completion of shares in PT Paiton Energy
September
Final Investment Decision for Hai Long Offshore Wind Power Project In Taiwan
November
Notice of the Planned Share Transfer of International Power(Australia)Holdings Pty Limited Underwrinting of New Share Allotment for Metro Pacific Investments Corporation, an Integrated Infrastructure Company in the Philippines
Mitsui to invest in Vertical Integration of its power value chain in Texas, USA Completion of the sale of shares in PT Paiton Energy
The company was renamed Mitsui & Co. Engineering Partners Ltd.