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Founded by Douglas MacArthur on May 1, 1951.1
Chubu Electric Power Company was established on May 1st, 1951, based on the 1950 Electricity Industry Reorganization Order (Cabinet Order No. 342 of 1950).
In 2008, Chubu Electric formed a joint venture with French utility company EDF to purchase coal. In 2016, Chubu Electric acquired EDF Trading’s coal and freight business and passed it onto its subsidiary JERA. EDF Trading acquired a 33 per cent stake in JERA Trading as a part of the transaction while JERA took full control of the Amstuw BV, the operator of the Rietlanden coal terminal in the Netherlands and EDF Trading Australia.
In 2015, Chubu Electric and Tokyo Electric Power Company (TEPCO) created a 50:50 joint venture JERA to handle the upstream energy and Liquefied natural gas (LNG) fuel procurement for both companies. In March 2017, the two companies signed an agreement to integrate their fossil fuel power plants under the JERA joint venture. The Fair Trade Commission (FTC) approved the integration plan in 13 October 2017.
In August 2013, Chubu announced it would acquire an 80% stake in the Tokyo-based electricity supplier, Diamond Corp, marking the firm's entry into a market usually associated with Tokyo Electric Power Company (TEPCO).
In November 2019, a consortium of Mitsubishi (80%) and Chubu Electric (20%) bought Dutch utility company Eneco for €4.1bn ($4.5bn). In February 2024, Chubu Electric and Eneco signed an agreement to acquire 30 per cent of Ecowende, the developers of the Hollandse Kust West Offshore Wind Farm.
In April 2020, the logo mark was renewed. The renewed logo is named "The Beam."
On 18 September 2022, Chubu Electric Power announced that it was a part of an investor consortium led by Japan Industrial Partners seeking to buy Toshiba. Chubu Electric contributed ¥100 billion out of the ¥2 trillion (USD 15.2 billion) valuation.
In May 2022, Chubu Electric bought some stake in Indian solar energy company OMC Power. And in November 2024, Chubu Electric expanded its investment in OMC Power to boost energy transition in India.
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In January 2026, the Nuclear Regulation Authority announced it had found that Chubu Electric had fabricated data about earthquake risks at Hamaoka Nuclear Power Plant, and suspended its safety evaluation for a potential plant restart.
From Wikipedia’s article on Chubu Electric Power, shared under CC BY-SA 4.0.6
