Associated tags: Food industry, Corporation, Mitsubishi Group, Mitsubishi Corporation, Natural gas, MC, Carbon
Locations: SUN, KYOTO, LAWSON, MC, TOKYO, JAPAN
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Renewable energy MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced a strategic investment by Mitsubishi Corporation (“Mitsubishi Corp”).
Key Points:
- MidOcean Energy (“MidOcean”), a global liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced a strategic investment by Mitsubishi Corporation (“Mitsubishi Corp”).
- Mitsubishi Corp’s investment will accelerate MidOcean’s strategy to create a high quality, diversified, global ‘pure play’ integrated LNG company.
- Mitsubishi Corp has been an active player in the LNG sector for over 50 years, with investments spanning 12 projects across eight countries.
- De la Rey Venter, MidOcean Energy’s CEO, said: “We are thrilled to have Mitsubishi Corp join as an anchor investor in MidOcean Energy.
AUSTIN, Texas, March 4, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and Mitsubishi Corporation, announced the formation of a new joint venture to support the development of two data centers in the Dallas metro area, which are 100% pre-leased to an S&P 100 investment grade customer on a long-term basis. Mitsubishi has acquired a 65% equity interest in the venture for an initial contribution of approximately $200 million, while Digital Realty maintains a 35% interest and will manage the development and day-to-day operations of the joint venture, for which it will receive customary fees. Each partner will fund its pro rata share of the remaining $100 million estimated development cost for the first phase of the project, which is slated for completion and commencement in late 2024.
Key Points:
- Mitsubishi has acquired a 65% equity interest in the venture for an initial contribution of approximately $200 million, while Digital Realty maintains a 35% interest and will manage the development and day-to-day operations of the joint venture, for which it will receive customary fees.
- The two data centers commenced construction in the fourth quarter of 2022, with the first phase slated to deliver 16 megawatts (MW) of initial data center capacity.
- "We are delighted to expand our partnership with Mitsubishi," said Digital Realty Chief Investment Officer Greg Wright.
- "This development joint venture leverages the success of our established Japanese partnership into the United States, while supporting our customer's data center requirements with a like-minded, long-term investor.
EVS,
ICE,
Ashok Leyland,
CII,
Digital technology,
Confederation of Indian Industry,
TVS Group,
TVS,
VMS,
TASL,
Electricity,
Mitsubishi Corporation,
Car,
Insurance,
Automotive industry TOKYO, Feb 19, 2024 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has agreed to subscribe shares (approx.
Key Points:
- TOKYO, Feb 19, 2024 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has agreed to subscribe shares (approx.
- 32%) in TVS Vehicle Mobility Solution Private Limited (TVS VMS) through the private placement.
- This latest investment in TVS VMS, one of the largest multi-brand dealers in India, widens MC's investment coverage through enhanced downstream service capabilities.
- Having inherited TVSM's nationwide network built over time, TVS VMS is one of the leading automotive dealers in India.
This PoC will seek to verify the commercial viability of what would be Japan's first smart-charging service leveraging EV connected technologies.
Key Points:
- This PoC will seek to verify the commercial viability of what would be Japan's first smart-charging service leveraging EV connected technologies.
- *Kaluza is a subsidiary of the UK-based innovative energy service provider OVO Group, in which MC acquired a 20% interest in 2019.
- During the PoC period, customers will subscribe to a charging plan that has been specially developed by MC Retail Energy exclusively for this service.
- Furthermore, because this service will make it possible to directly control EV charging from Kaluza's platform via Mitsubishi Motors' connected systems, it does not require any communications-capable (i.e.
Partnership,
ATM,
KDDI,
Travel,
Projection,
Ageing,
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COVID 19,
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Digital technology,
PB,
Health,
Retail Lawson and KDDI will merge their real touchpoints (Lawson stores: approximately 14,600, au Style/au shop stores: approximately 2,200) to establish large real-store networks in Japan.
Key Points:
- Lawson and KDDI will merge their real touchpoints (Lawson stores: approximately 14,600, au Style/au shop stores: approximately 2,200) to establish large real-store networks in Japan.
- This will enable Lawson to expand its store network and enhance its functionalities, aiming for further improvement in customer convenience.
- - Developing services for KDDI and Lawson customers to provide good shopping deals, expanding customer visits to Lawson stores.
- KDDI is expanding into a wide range of business areas including mobile telecommunications as core business, as well as banking, insurance, education, travel, and delivery services.
The agreement, which focuses on autonomous-driving services in Kanagawa Prefecture's Hiratsuka City, was originally signed on April 7, 2023 by MC, Hiratsuka City, Kanagawa Chuo Kotsu Co., Ltd., Aisan Technology Co., Ltd., and A-Drive Inc.
Key Points:
- The agreement, which focuses on autonomous-driving services in Kanagawa Prefecture's Hiratsuka City, was originally signed on April 7, 2023 by MC, Hiratsuka City, Kanagawa Chuo Kotsu Co., Ltd., Aisan Technology Co., Ltd., and A-Drive Inc.
- Signing Ceremony on January 19, 2024
Through its work to address logistics and mobility related challenges with DX-driven innovations, Isuzu has demonstrated that its values align with our five-partner commitment to this autonomous-driving project.
- Our shared goal to find mobility solutions made Isuzu's inclusion in our agreement a logical step forward.
- The objective of our six-party agreement is to help revitalize Japan's regional communities by offering them public transportation services that are convenient, accessible and sustainable.
Machine learning,
Research,
Artificial intelligence,
OT,
Partnership,
Software as a service,
Mitsubishi Corporation,
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Automotive industry ALISO VIEJO, Calif., Jan. 9, 2024 /PRNewswire/ -- ThinkIQ, a pioneer of digital manufacturing transformation solutions, today announced an investment by Mitsubishi Corporation and a collaboration agreement to jointly accelerate the growth of ThinkIQ's digital manufacturing platform in Japan. Terms of the investment were not disclosed.
Key Points:
- ALISO VIEJO, Calif., Jan. 9, 2024 /PRNewswire/ -- ThinkIQ , a pioneer of digital manufacturing transformation solutions, today announced an investment by Mitsubishi Corporation and a collaboration agreement to jointly accelerate the growth of ThinkIQ's digital manufacturing platform in Japan.
- Mitsubishi Corporation is partnering with ThinkIQ to accelerate digital transformation with smart manufacturing solutions for the many industrial supply chains in its ecosystem.
- ThinkIQ has built its open platform working closely with U.S. and European government smart manufacturing and Industry 4.0 initiatives and global standards bodies.
- "We are honored to have been recognized by Mitsubishi Corporation as its partner to drive global adoption of smart manufacturing solutions," said Doug Lawson, CEO of ThinkIQ.
Upon the completion of the initial phase, three companies are looking to explore joint pilot opportunities in the strategic regions.
Key Points:
- Upon the completion of the initial phase, three companies are looking to explore joint pilot opportunities in the strategic regions.
- Ammonia, a versatile and widely used chemical compound, has emerged as a promising renewable fuel and a cost-effective carrier of hydrogen.
- In addition, Amogy's ammonia cracking technology is expected to have high potential to be utilized as hydrogen carrier in large-scale transportation.
- Both Mitsubishi Corporation and SK Innovation have participated in Amogy's recent $150M Series B fundraising which was led by SK Innovation.
TOKYO, Dec 18, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has signed a memorandum of understanding (MoU) with Bangkok-based Charoen Pokphand Group Co., Ltd. (CP) to conduct a feasibility study (FS) on decarbonizing Thailand's manufacturing industries.
Key Points:
- TOKYO, Dec 18, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has signed a memorandum of understanding (MoU) with Bangkok-based Charoen Pokphand Group Co., Ltd. (CP) to conduct a feasibility study (FS) on decarbonizing Thailand's manufacturing industries.
- To determine the feasibility of supplying carbon-free power generated in the surrounding region to Thailand, assisting with the country's efforts to decarbonize, and helping its manufacturing industries to become more competitive.
- MC has a strong track record of developing renewable energy, starting with projects in Europe and Japan.
- We will continue to do our part to decarbonize our planet and ensure a sustainable future for all who call it home.
