Energy

Energy
Shift to cleaner power sparks landmark green bond sale in Japan

In the gusty northeast, a power company is looking to fund offshore wind projects with a landmark sale of green bonds that seeks to muscle in on the growing pool of money available for environmentally friendly investments.

Tohoku Electric Power Co. plans to price what would be the debut green note from a utility with its ¥5 billion offering of 10-year securities Thursday.

U.S. and Japan to cooperate on energy and infrastructure investment to vie with China's Belt and Road

The United States and Japan have signed an agreement to jointly encourage more private investment in energy and infrastructure projects, the U.S. Treasury said Tuesday.

The Treasury said the world’s largest and third-largest economies “will work together to address regulatory, market, and legal barriers to private sector investment, and develop innovative solutions to deepen regional debt markets for energy and infrastructure projects.”