Transfer of All Membership Interest in Eurus Energy Seto LLC

Source: www.gulfoilandgas.com 3/1/2024, Location: Asia

Eurus Energy Holdings Corporation (“Eurus Energy”) has completed transfer of all ownership interest in its former subsidiary Eurus Energy Seto LLC, a special purpose company that owns and operates the “Eurus Seto Wind Farm”, to Yonden Engineering Co., Inc. (“Yonden Engineering”).

The new owner, Yonden Engineering, is in charge of construction, maintenance, and inspection of the power generation and substation facilities of the Shikoku Electric Power Group, including wind power facilities in Shikoku and throughout Japan. Eurus Energy and Yonden Engineering have also jointly established a wind power generation company, with which they are collaborating to promote and expand renewable energy.

As Yonden Engineering has been seeking further participation and investment in renewable energy related businesses and has established a maintenance office specializing in wind power in the town of Ikata, the parties agreed on the transfer with the belief that it will further strengthen cooperation with the local government and community and contribute to further regional contributions.

Based on our corporate philosophy of "Helping to preserve the global environment by disseminating and expanding clean energy technologies" and our corporate vision of "Develop with local communities and maintain the trust of society", Eurus Energy will continue to work on further expansion of wind power generation and contribute to global environmental conservation and the creation of a sustainable society.

Name of the project: Eurus Seto Wind Farm
Location: Ikata town, Nishiuwa-gun Ehime
Capacity: 8MW (2MW×4)
Start of operation: May, 2009



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