Hiroshima Gas announced that it will withdraw from its gas-fired power generation business in the United States. In connection with this, the jointly funded company established with Toho Gas and Saibu Gas will be dissolved and liquidated during 2027.
Hiroshima Gas has announced its policy of withdrawing from its gas-fired power generation business in the United States. In connection with the withdrawal, it plans to dissolve and liquidate during 2027, together with Toho Gas and Saibu Gas, the jointly funded company established to participate in the operation of a power plant in Pennsylvania.
The main text does not state the background to the withdrawal or any specific plans for continuing the business. It indicates that the jointly funded company was established to participate in power generation operations in the United States.
This decision is expected to complete Hiroshima Gas's withdrawal from gas-fired power generation operations in the United States, with arrangements concerning the local operating structure and contractual relationships expected to proceed. Additional official announcements will be needed regarding future procedures and the scope of the impact.