Takeei to Invest Up to 3 Billion Yen for Biomass Plant in Japan

Oct. 14 (Bloomberg) — Takeei Corp. will invest as much as
3 billion yen ($28 million) to build a 6-megawatt biomass plant
in northern Japan.

The facility in Iwate prefecture will start running in two
years, the Tokyo-based company said in a statement today. Takeei
collects and recycles waste.

The station will generate enough electricity for about
14,000 homes, according to the statement.

To contact the reporter on this story:
Chisaki Watanabe in Tokyo at
cwatanabe5@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Indranil Ghosh, Iain Wilson

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