Baker & McKenzie (Gaikokuho Joint Enterprise) recently advised Ishikari Bioenergy LLC in connection with its involvement in a biomass power generation joint venture in Ishikari City, Hokkaido, Japan.
Ishikari Bioenergy LLC plans to develop a biomass mono-fuel power generation project in the Ishikari Bay New Port Industrial Park in Ishikari City. The planned 51.5MW power plant, with an annual output of 360 million kWh, will have the capacity to supply approximately 121,000 ordinary households with electricity. This low environmental impact biomass power generation facility will utilize wood pellets and PKS, and is expected to help realize a low-carbon society, create new jobs and revitalize local industries. It is scheduled to come online in August 2022.
The project was led by Nick Eguchi, partner and co-chair of the Renewable Energy Group at the Baker McKenzie Tokyo Office. Kosuke Suzuki, partner, and associates Naoki Ishikawa, Moe Maekawa and Ryota Hiyamizu were also involved in the project.
