Press Release

Press Release

Commencement of Operations at Wind Farm Toyotomi

March 04, 2024
Looop Inc.
Chubu Electric Power Co.,Inc.

Toyotomi Wind Energy LLC ("the project company"), a joint venture between Looop Inc. (Head Office: Taito-ku, Tokyo; Representative Director, President & COO: Takumi Morita; "Looop") and Chubu Electric Power Co., Inc. (Head Office: Higashi-ku, Nagoya; President & Director: Kingo Hayashi; "Chubu Electric Power"), has completed construction of Wind Farm Toyotomi ("the power plant") and began commercial operation on March 2.

The power plant is a 30,000kW onshore wind power plant constructed in Toyotomi-cho Teshio-gun, Hokkaido, and approximately 79 million kWh of electricity will be generated annually.

We appreciate the cooperation and understanding of the local community and relevant parties in the construction of the power plant.

The two investment companies and the project company will operate the power plant with the utmost consideration for the safety and security of local residents, and will continue to contribute to the realization of a decarbonized society through the operation of the power plant.

[Panoramic View of Wind Farm Toyotomi]

Panoramic photo of Wind Farm Toyotomi

[Wind Farm Toyotomi Overview]

Plant location

3887-2 and surrounding areas, Aza Menashibetsu, Toyotomi-cho Teshio-gun, Hokkaido

Power output

30,000kW

Estimated annual generated energy

Approx. 79 million kWh (equivalent to approx. 25,000 households)

Construction Start Date

February 24, 2022

Commercial Operation Commencement

March 2, 2024

[Toyotomi Wind Energy LLC Overview]

Established

June 2020

Headquarters

7497-1, Aza Menashibetsu, Toyotomi-cho Teshio-gun, Hokkaido

Representative director

Soichiro Nakamura (Looop), Person of performance of duty

Business Activities

Acquisition, ownership, management and operation of power generation facilities, etc. for renewable energy power generation business

Shareholding company

Looop (51%), Chubu Electric Power (49%)

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