Erex Co., Ltd.

erex and Samsung C&T Japan Agree to Promote
Integrated Decarbonization Project Centered in Niigata

erex Co., Ltd. (Headquarters: Chuo-Ward, Tokyo; Representative Director and President: Hitoshi Honna) and Samsung C&T Japan Corporation (Headquarters: Minato-Ward, Tokyo; Representative Director: Jung Wonseok) have signed a Memorandum of Understanding (MOU) regarding the promotion of the integrated decarbonization project centered in Niigata.

Building upon the track record of collaboration in biomass fuel supply and BESS business, the two companies will leverage respective expertise and business foundations to explore collaboration on projects utilizing decarbonized power sources. Going forward, the two companies will explore specific areas of collaboration in the following fields and aim to establish a concrete business framework by the end of the year.

1. Development and utilization of decarbonized power sources, including the “erex Niigata” (tentative name) biomass power plant
2. Collaboration in the fuel business to contribute to stable operation of biomass power generation
3. Collaboration in the BESS business
4. Joint exploration of new business opportunities in the AI era

Photo on the left: From left: Mr. Lee Jae-eon, President & CEO, Samsung C&T Trading & Investment Group;
Mr. Jung Wonseok, Representative Director & President of Samsung C&T Japan;
Toshimichi Tanaka, Managing Director, erex; and Hitoshi Honna, Representative Director & President, erex

Photo on the left: From left: Mr. Lee Jae-eon, President & CEO, Samsung C&T Trading & Investment Group;
Mr. Jung Wonseok, Representative Director & President of Samsung C&T Japan;
Toshimichi Tanaka, Managing Director, erex; and Hitoshi Honna, Representative Director & President, erex

The two companies have a track record of collaboration in areas such as biomass fuel supply and a grid-scale BESS business in Kushima City, Miyazaki Prefecture. Building upon these initiatives, this MOU aims to further expand the scope of cooperation.

< Related Links >

• “erex Niigata (Tentative Name)” Biomass Power Plant Won the Long-Term Decarbonization Power Source Auction (Japanese only)
• Start of Commercial Operations for the First Grid-Scale BESS Project (Japanese only)
• Announcement Regarding an Agreement with SAMSUNG C&T JAPAN on Joint Development of Grid-scale Battery Energy Storage System Business and Others in Japan

Note:
This document is an English translation of the original Japanese language document and has been prepared solely for reference purposes. No warranties or assurances are given regarding the accuracy or completeness of this English translation. In the event of any discrepancy between this English translation and the original Japanese language document, the original Japanese language document shall prevail in all respects.

■ Contact
erex Co., Ltd. / IR&PR Department
TEL：+81-3-3243-1167
e-mail：pr.info@erex.co.jp