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Floating wind firm Principle Power gets $22M investment from Tokyo Gas

May 28, 2020 - SNL Energy Finance Daily

Principle Power Inc. secured more than $22 million of project investment from Tokyo Gas for the commercialization of its floating wind technology.

Principle Power Inc. secured more than $22 million of project investment from Tokyo Gas Co.Ltd. for the continued commercialization of its floating wind technology.

The companies also signed a cooperation agreement to create wide-scale deployment opportunities for floating wind technology in Japan, according to a May 27 news release. The t...