We are a leading player in the IPP (Independent Power Producer) business, with a proven track record and extensive assets worldwide. As well as conventional power plants we are active in renewable energy such as offshore wind and solar power.
In 2011, Marubeni invested in Gunfleet Sands, a 172.MW offshore wind farm located off the coast of Essex, UK, thereby becoming the first Japanese company to acquire an equity interest in a commercial offshore wind farm.
Marubeni also holds a stake in Westermost Rough, a 210.MW wind farm situated off the East Yorkshire coast. Both wind farms are operated by DONG Energy.
Marubeni entered the Portuguese domestic electricity supply business in October 2013, by acquiring 50% of TrustEnergy, a power generation asset portfolio with the second highest generation capacity in the country, from Engie (formerly GDF Suez).
TrustEnergy’s power generating assets consist of natural gas-fired combined-cycle plants, coal-fired plants and wind farms, producing about 15% of the total power used in Portugal.
Delivering Value to the Independent Energy Producer
SmartestEnergy is the UK’s leading purchaser and supplier of electricity from the independent generation sector, purchasing power from more than 400 independent power producers across the UK and supplying companies such as Eurostar, L’Oreal and Marks & Spencer with energy from renewable and good quality CHP sources.