Chubu Electric Power wants to help eastern European nations – including Ukraine – accelerate their decarbonisation plans and hopes to make more deals like its investment in Eneco, said the senior executive leading the Japanese utility’s international expansion.

Hiroki Sato, CEO of Chubu’s global business division, which was set up in April 2022, told Recharge that eastern Europe is high on its agenda as it pursues international ambitions that it expects to involve 400bn yen ($3.1bn) of investments in the current decade.