Japanese alliance
Classification society ClassNK has agreed to form a capital alliance with the Wind Energy Institute of Tokyo Inc. (WEIT). Based on the agreement, ClassNK will acquire around 30% of WEIT’s shares through a third-party allotment and a nonexecutive director will represent ClassNK on the Institute’s Board of Directors. The partnership enables both parties to leverage their experience and knowledge to develop solutions to issues currently faced by the renewable energy industry.
Classification society ClassNK has agreed to form a capital alliance with the Wind Energy Institute of Tokyo Inc. (WEIT). Based on the agreement, ClassNK will acquire around 30% of WEIT’s shares through a third-party allotment and a nonexecutive director will represent ClassNK on the Institute’s Board of Directors. The partnership enables both parties to leverage their experience and knowledge to develop solutions to issues currently faced by the renewable energy industry.
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