Our business unit empowers lives by driving global power infrastructure development to meet rising energy demands. We develop and promote power generation (including geothermal power generation) as well as participate in Engineering, Procurement and Construction (EPC) projects.
In IPP/IWPP investment, Asia and Australia are two of Sumitomo Corporation Group’s major strategic regions (Asia, Australia, the Americas, the Middle East, Sub Saharan Africa and other new markets). We carry out both greenfield projects and acquisition projects to optimise our portfolio. Our strengths include our finance and risk management capabilities, as well as our long-term experience in each local market. The investments are jointly managed by Sumitomo Corporation in Japan and Sumitomo Corporation Asia & Oceania.
Anticipating future increases in power demand, we also aim to expand our business related to EPC projects. Our EPC projects include coal-fired power stations and gas-fired combined-cycle power stations, as well as renewable energy fields such as geothermal power generation, in which advanced Japanese technologies offer key advantages. Our strengths in the EPC business lie in project management and execution capabilities. Leveraging these strengths, our market presence and extensive track record, we strive to increase our participation in EPC projects.