Mitsubishi Corporation

Business Investments

International Power Division

Diamond Generating Corporationwww.dgc-us.com
DGC manages MC's power businesses in the Americas. Its operations include power generation, distributed power generation (Nexamp Inc.) and energy trading (Boston Energy Trading and Marketing LLC).
Nexamp, Inc.www.nexamp.com
Nexamp is a distributed solar energy company in the United States. Its operations include the development, construction, operation, maintenance and management of distributed solar assets.
Boston Energy Trading and Marketing LLCwww.betm.com
Boston Energy Trading and Marketing is engaged in the electricity trading and energy management business in the US, conducting fuel procurement and electricity sales to power plants, along with the supply of power to retail companies.
N.V. Enecowww.eneco.com
Eneco - mainly focusing on markets in the Netherlands, Belgium and Germany - is developing its renewable power generation business as well as its electricity / gas trading, electricity / gas retail, and district heating supply businesses.

Utility Retail Division

MC Retail Energy Co., Ltd.www.retailenergy.co.jp (Japanese)
MC Retail Energy is an electricity retailer that was formed as a joint venture among MC, Chubu Electric Power Miraiz Co., Inc. and Lawson, Inc. Under its Machi-Ene (lit. "Town Energy") brand, the company has been supplying electricity to households and other customers since April 2016.
ElectroRoute Holdings Limitedwww.electroroute.com
ElectroRoute is engaged in spot, futures, international, and other forms of energy trading in the matured European energy market. The company is a comprehensive service provider offering energy-trade support to power producers, end consumers and retailers. It has also expanded its business activities to Japan, a region where energy market deregulation progresses, through the establishment of ElectroRoute Japan K.K.
OVO Group Limitedwww.ovo.com
OVO is one of the UK's largest domestic electricity and gas retail suppliers, serving approx 4 million customers. Utilizing digital and smart technologies, company has been developing its supply of renewable energy and various new services linked to household electrical appliances and vehicles.
Bboxx Limitedwww.bboxx.co.uk
Bboxx is engaged in a distributed power supply project for off-grid areas in Africa using its Solar Home System that combines solar power generation, storage batteries, and home appliances. Plan is to expand services further for off-grid areas, including LPG and irrigation pumps, while utilizing the company's real-time remote monitoring system.

Power Business Development Division

Diamond Generating Asia, Limited (DGA)www.dg-asia.com
DGA functions as MC's power generation platform in Southeast Asia, Oceania and the Middle East—regions where energy demand continues to grow. The company is working to expand its operations throughout the region to meet such demand.
Furthermore, DGA Energy Solutions Australia was established in Melbourne, Australia in 2023 and is engaged in development of next-generation energy projects.
Diamond Transmission Corporation Limitedwww.diamondtransmissioncorp.com
Diamond Transmission Corporation, acting as the platform of MC's transmission business in Europe, is engaged in the submarine power transmission business that transmits renewable electricity generated from offshore wind farms to onshore power grids.

Domestic Power Business Office

Mitsubishi Corporation Energy Solutions Ltd.www.mces.co.jp (Japanese)
Mitsubishi Corporation Energy Solutions Ltd. is responsible for formulating business strategies, providing corporate functions, and centrally managing human resources and funds for its group companies, including subsidiaries such as Mitsubishi Corporation Offshore Wind Ltd. and Mitsubishi Corporation Clean Energy Ltd., ensuring the optimal operation of domestic power generation businesses.
Mitsubishi Corporation Offshore Wind Ltd.(MCOW) www.mcow.co.jp/en/
Mitsubishi Corporation Offshore Wind Ltd. (MCOW) took over Mitsubishi Corporation Energy Solutions Ltd. (MCES)’s offshore wind power generation business in July 2022, along with below three projects awarded to the consortium led by MCES under the Act on Promoting the Utilization of Sea Areas for the Development of Marine Renewable Energy Power Generation Facilities back in December 2021.
- Off the Coast of Yurihonjo City, Akita Prefecture
- Off the Coast of Noshiro City, Mitane Town and Oga City, Akita Prefecture
- Off the Coast of Choshi City, Chiba Prefecture
With Japan’s low energy self-sufficiency rate and its unique geogrophical location charatcer surrounded by ocean on all side, offshore wind power will be an extremely important power source for Japan's energy security. MCOW is committed to contribute to the realization of a carbon-neutral society by 2050 (goal set by Japanese Government), through its efforts to successfully commission three offshore wind power projects, which will also be listed as an important milestone in Japan’s energy policy.
Mitsubishi Corporation Clean Energy Ltd.(MCCE) www.mcce.co.jp/en/
Mitsubishi Corporation Clean Energy Ltd. has always put high importance and values in coexistence and co-creation with local communities for decades. Continue to develop, operate and provide solutions for renewable energy power generation projects including onshore wind, solar, hydroelectric, and biomass are the mission.
Will also put efforts on carbon reduction, ie : reducing GHG emmissions from the thermal power generation, by cooperating/collaborating closely with customers, partners, and local communities, fulfilling thier requirements which one of the priority is the stable energy supply. Through those projects, we will develop our own clean power portfolio, providing solutions to our customers, and contributing to realization of a carbon-neutrality.
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