- Finance Law
The Second Round of Offshore Wind Tenders in Japan (Updates from the First Round)
On December 28, 2022, a new round of public tenders for offshore wind development opened in Japan under The Act on Promotion of Use of Marine Areas for Development of Marine Renewable Energy Generation Facilities (the “Act”). The current round of public tenders includes four promotion zones:
Happo-cho and Noshiro-shi in Akita Prefecture (“Happo-Noshiro”)
Oga-shi, Katagami-shi and Akita-shi in Akita Prefecture (“Oga-Katagami-Akita”)
Murakami-shi and Tainai-shi in Niigata Prefecture (“Murakami-Tainai”)
Saikai-shi Enoshima in Nagasaki Prefecture (“Saikai”)
These public tenders (the “Second Round”) follow the public tenders for offshore wind development zones under the Act that took place in 2021, which are generally referred to as the “First Round…To read the article, please see the PDF file
-
The Second Round of Offshore Wind Tenders in Japan (Updates from the First Round)
Download PDF [258 KB]
Amane has extensive experience in a number of project finance transactions and acquisitions in connection with renewable energy projects in Japan and other Asian countries. In addition to his broad knowledge of the complex regulations surrounding renewable energy, he also has a deep understanding of IPP business reinforced by his work experience in London at a major Japanese trading company. His clients include domestic and international energy project developers, investors, lenders, construction contractors, and utility companies. He advises, represents, and advocates on behalf of clients in a wide range of transactions in the renewable energy sector, including development of green-field projects, debt and equity financing, selling and acquisition of energy projects, and legal due diligence. He also has a wealth of experience in offshore wind projects from the emergence of offshore wind business in Japan in the mid-2010s, including advising clients in the public tender process under the Offshore Renewable Energy Act.