Loans for Acquisition of U.S. Natural Gas Developers by Mitsubishi Corporation
Japan, April 13 -- The Japan Bank for International Cooperation (JBIC) signed on March 31 loan agreements with Mitsubishi Corporation (MC) and Mitsubishi Corporation (Americas), a U.S. subsidiary of MC, amounting to approximately USD1,560 million and approximately USD815 million (JBIC portion), respectively. The loans are co-financed with private financial institutions, including MUFG Bank, Ltd. The loans are intended to finance part of the funds necessary for MC to acquire Aethon III LLC, Aethon United LP, and related entities, which are engaged in the development, production, and sale of natural gas in the United States. The Seventh Strategic Energy Plan, approved by the Japanese Cabinet in February 2025, positions natural gas as an impor...
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