TOKYO -- JERA, Japan's top power producer, will acquire shale gas assets in the U.S. for $1.5 billion, marking the company's first foray into American upstream gas assets.
Energy
Japan's JERA to acquire US shale gas assets in $1.5bn deal
Power producer calls location of assets near Gulf of Mexico a 'strategic advantage'
Japan's JERA says it has agreed with U.S. energy companies Williams and GEP Haynesville II to acquire their interests in a gas shale basin located in western Louisiana. (Photo by Yuki Nakao)
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