Tokyo Electric Power, a power company in Japan, and Ørsted, an offshore wind developer, to form Choshi Offshore Wind Farm. Financial terms were not disclosed. “TEPCO and Ørsted have been making excellent progress in developing our partnership and we are ready to see successful development of the Choshi Offshore Wind Project. Our two companies have agreed to establish a unique framework that enables us to effectively integrate and leverage strengths and expertise from both sides. We are confident this is key to succeed in the Choshi Offshore Wind Project," Tomoaki Kobayakawa, TEPCO Executive Officer and President.