Watami to develop 2-MW wind project to power nursing facilities - report

Watami to develop 2-MW wind project to power nursing facilities - report

(ADPnews) - May 19, 2011 - Japanese Watami Co Ltd (TYO:7522) plans to develop a 2-MW wind farm in northern Japan to power its nursing care homes and other facilities, Nikkei reported today.

The company will partner on the JPY-600-million (USD 7.3m/EUR 5m) project with a wind farm developer, details of which were not provided. The installation should start providing electricity to the nursing homes in the spring of 2011, according to the report.

Watami's major business involves the operation of restaurants mainly in Tokyo.

(JPY 10 = USD 0.122/EUR 0.086)

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry since 2010. She's got a soft spot for emerging markets.

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