September 10, 2020
Japan Renewable Energy Corporation

JRE to Conduct Joint Investment in Onshore Wind Power Projectin Tohoku Region

Japan Renewable Energy Corporation (“JRE”; headquartered in Minato-ku, Tokyo;
Kazuhiro Takeuchi, CEO) announces that it has concluded a joint investment agreementwith Tohoku Electric Power Co., Inc. (“Tohoku Electric Power”; headquartered in 1-7-1
Honcho, Aoba-ku, Sendai, Miyagi; Kojiro Higuchi, President) to invest in onshore wind
power projects being developed in the Tohoku region.
The three projects to be jointly invested in are JRE Tsuruoka Hachimoriyama Wind Farm,JRE Shichinohe Towada Wind Farm, JRE Oritsumedake South 1 Wind Farm (collectively,the "Projects"), which have commenced construction since 2019. These Projects will
have a combined capacity of approximately 97,000 kW and annual power generation ofapproximately 265 million kWh (equivalent to the annual power consumption of 60,200
households), and are scheduled to commence operation between 2021 and 2023. Eachof the above Projects have been developed by JRE, and Tohoku Electric Power will invest
in the three special-purpose companies created to operate the Projects.
JRE and Tohoku Electric Power have also agreed to conduct a joint enterprise in Happo
Noshiro Offshore Wind Power Project currently being developed by JRE. Going forward
JRE and Tohoku Electric Power will cooperate to utilize their respective knowledge
related to development and operation of the power generation business as well as themanagerial resources and will serve to further expand onshore wind power generationin the Tohoku region, including wind power projects that JRE is pursuing in the Tohoku
Electric Power’s service area.
Since its establishment, JRE has operated or constructed 55 solar, wind and biomass
power plants in Japan (14 of which are located in the Tohoku region), and is currently
developing or planning several large-scale projects, including in the offshore wind power
generation field.

JRE will continue to lead the Project through close dialogue with the local communityand other stakeholders in order to advance the use of renewable energy, contributeto local communities, and realize a decarbonized society.
For inquiries about this matter, please contact:
Japan Renewable Energy Corporation
Corporate Communications & CSR
tel:+81-3-6455-4905
email:pr@jre.co.jp

Appendix【Project overview】※As of the date of announcement and may be subject to change in the future.

Power plant

JRE Tsuruoka Hachimoriyama Wind Farm

Operating company

GK JRE Tsuruoka Hachimoriyama

Location

Tsuruoka city, Yamagata

Capacity

17,000kW（Output：Approx. 14,000kW）

Scheduled commercial
operation date

January 2021

Power plant

JRE Shichinohe Towada Wind Farm

Operating company

GK JRE Hachimandake

Location

Shichinohe town / Towada city / Aomori city, Aomori

Capacity

33,600kW（Output：Approx. 31,000kW）

Scheduled commercial
operation date

January 2021

Power plant

JRE Oritsumedake South 1 Wind FarmOperating company

GK JRE Oritsumedake Minami １

Location

Kunohe village / Ichinohe town / Ninohe city, Iwate

Capacity

46,800kW（Output：Approx. 44,000kW）

Scheduled commercial
operation date

January 2023