History

Marubeni Europower Ltd, based in London, was set up in 1992 to provide a comprehensive project development capability for Marubeni in Europe. Marubeni Corporation has extensive successful experience in developing power projects in Asia and America. MEL adds a UK based technical, financial and commercial team to Marubeni's power division in Tokyo. More recently MEL's area of interest has been extended to include Africa and the Middle East.

Since being set up, MEL has successfully developed:

• The Marmara Ereglisi Power Project in Turkey.
• The Rades Power Project in Tunisia
• The SEC Wind Power Project in Spain
• The Taweelah B Project in UAE
• The Rabigh Power Project in Saudi Arabia .
• The Mesaieed A Power Project in Qatar
• The Taweelah A2 Project in UAE
• The Fujairah F2 Project in UAE

For more details see our projects page

Why Marubeni?

Marubeni Corporation and Marubeni Europower Ltd working together are able to offer the following unique advantages to a project over other investors and developers:

• Strong financial resources - Marubeni Corporation recorded US$1.4 billion net income in FY 2007.
• Turnkey contract negotiating skills - Marubeni is one of Japan's leading trading companies or sogo shosha and we have strong relationships with all the major suppliers of power equipment enabling us to negotiate the keenest prices.
• Technical Capability - As well as financial and commercial capability, MEL has proven technical capability which enables us to evaluate projects first-hand and supervise construction either on behalf of the project owners.
• Arrangement of competetive financing - Marubeni has direct access to the international finance community and established relationships with banks and export credit agencies alike.
• Global reach - Marubeni has a network of approximately 115 representative offices in 70 countries enabling effective management of projects across the world at any stage of a project.