Marubeni Europower is the UK subsidiary of Marubeni Corporation (HQ is in Japan) and responsible for power/heat business in Europe. Marubeni owns SmartestEnergy which is a power aggregation service and supply company, as well as their power generation assets in the UK and Portugal. Marubeni will offer strategic investment for decentralised energy business including potential synergy with their existing assets.
Delivering Value to the Independent Energy Producer
SmartestEnergy is the UK’s leading purchaser and supplier of electricity from the independent generation sector, purchasing power from more than 400 independent power producers across the UK and supplying companies such as Eurostar, L’Oreal and Marks & Spencer with energy from renewable and good quality CHP sources.
Marubeni are a leading player in the IPP (Independent Power Producer) business, with a proven track record and extensive assets worldwide. As well as conventional power plants we are active in renewable energy such as offshore wind and solar power.
Wind farm activities in the UK
In 2011, Marubeni invested in Gunfleet Sands, a 172.MW offshore wind farm located off the coast of Essex, UK, thereby becoming the first Japanese company to acquire an equity interest in a commercial offshore wind farm.
Marubeni also holds a stake in Westermost Rough, a 210.MW wind farm situated off the East Yorkshire coast. Both wind farms are operated by DONG Energy.