Sumitomo Corporation Europe Limited

✈️𝗦𝘂𝗺𝗶𝘁𝗼𝗺𝗼 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗼𝗻, 𝗦𝗠𝗕𝗖 𝗔𝘃𝗶𝗮𝘁𝗶𝗼𝗻 𝗖𝗮𝗽𝗶𝘁𝗮𝗹, 𝗔𝗽𝗼𝗹𝗹𝗼 𝗮𝗻𝗱 𝗕𝗿𝗼𝗼𝗸𝗳𝗶𝗲𝗹𝗱 𝘁𝗼 𝗔𝗰𝗾𝘂𝗶𝗿𝗲 𝗨.𝗦.-𝗕𝗮𝘀𝗲𝗱 𝗔𝗶𝗿𝗰𝗿𝗮𝗳𝘁 𝗟𝗲𝗮𝘀𝗶𝗻𝗴 𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗔𝗶𝗿 𝗟𝗲𝗮𝘀𝗲 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗼𝗻 ✈️ Sumitomo Corporation-invested aircraft leasing companies rank among the world's largest by fleet size Sumitomo Corporation has reached an agreement, together with SMBC Aviation Capital Limited, an aircraft leasing company under Sumitomo Corporation's investment through Sumitomo Mitsui Finance and Leasing Company, Limited., Apollo managed funds and Brookfield, to acquire all shares of U.S.-based aircraft leasing company Air Lease Corporation (ALC). The total acquisition price is expected to be approximately US$ 7.4 billion. Subject to obtaining the necessary approvals from relevant authorities, the acquisition is scheduled to be completed in the first quarter of FY2026. Following completion, Sumitomo Corporation's shareholding in ALC will be 37.505%, and the company's new name is expected to be Sumisho Air Lease Corporation (Sumisho Air Lease). This acquisition aims to further expand the earnings base and accelerate growth in the aircraft leasing business, which is one of our core growth pillars.   ALC is a leading aircraft leasing company, with a high-quality portfolio centered on new-tech aircraft. Following this transaction, SMBC Aviation Capital will service the majority of Sumisho Air Lease's fleet, significantly expanding its serviced aircraft portfolio. Through this transaction, Sumitomo Corporation Group will achieve greater scale and profitability, positioning our aircraft leasing business as one of the largest in the world by number of aircraft owned and serviced, strengthening its industry position and competitive advantage.   ▼Read more：https://lnkd.in/gDf6k9Xt #SumitomoCorporation #Aviation

𝗦𝘂𝗺𝗶𝘁𝗼𝗺𝗼 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗦𝗶𝗴𝗻𝘀 𝗖𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗠𝗲𝗺𝗼𝗿𝗮𝗻𝗱𝘂𝗺 𝘄𝗶𝘁𝗵 𝗨𝗞 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 Sumitomo Corporation has signed a comprehensive memorandum of understanding (MOU) with the Department for Business and Trade's Office for Investment under the UK government. This MOU outlines a shared commitment whereby Sumitomo Corporation, together with its business partners, plans to participate in investment projects in the UK amounting to a total of 7.5 billion pounds (approximately 1.46 trillion yen) by 2035 – including investments already made in existing businesses. Sumitomo Corporation has engaged in a wide range of business investments in the UK, including offshore wind power, carbon capture and storage (CCS), hydrogen-related projects and railway operations. It is also actively exploring the commercialization of next-generation technologies, such as fusion energy and energy management with storage solutions. Sumitomo Corporation will continue to strengthen its collaboration with the UK government and　further promote business investment in the UK. https://lnkd.in/gPv4qc2j ＃UK #Investment #Sustainability 

🌊 First Offshore Wind Turbine Installed at the Îles d’Yeu et de Noirmoutier in France🌊   As part of our strategic commitment to advancing renewable energy for a sustainable future, we are excited to share that the first offshore wind turbines at the Îles d’Yeu et de Noirmoutier wind farm have been successfully installed on May 9, marking another significant key milestone for the project, bringing us closer to commissioning at the end of 2025. The Noirmoutier wind farm will provide renewable energy to the French grid, meeting the annual electricity demand of around 800,000 people.   The Noirmoutier Wind Farm Project Overview: 💡 Location: off the Vendée coast of France 💡 Total capacity: around 500 MW, equivalent to the annual electricity consumption of about 800,000 people. 💡 Total project cost: around EUR 2.5 billion 💡 Commercial operation date: the end of 2025 💡 Project period: 25 years from the completion of construction   Construction highlights: ⚙️The project deploys 61 wind turbines manufactured by Siemens Gamesa. ⚙️ Installation of the wind turbines will continue with Jan De Nul Group’s jack-up vessel, Vole au Vent, picking up components from the port of Saint-Nazaire. ⚙️Alongside the installation of wind turbines, test runs will commence to generate electricity. ⚙️ The world’s first rock drilling technology using MODIGA tool, owned by the installation contractor DEME Group, was used for Monopile installation, forming the foundations of the wind turbines.   Our renewable energy activities are progressing smoothly, and all these achievements are a testimony to the skills and experience of Sumitomo Corporation. We would like to use this occasion to extend a big thank you to the entire team, our partners OW Ocean Winds, Caisse des Dépôts et Consignations and Vendée Energie, and all involved for the dedication so far and wish them all the best for completing the project within this year.   With the commencement of commercial operations, Sumitomo Corporation will promote the growth of renewable energy development and contribute to a sustainable future and the promotion of carbon neutrality. Photo credit: @EMYN - Christophe Beyssier

¡Feliz Fiesta Nacional de Japón! Un año más, asistimos a la Residencia del Embajador, el Sr. Takahiro Nakamae, en esta ocasión junto a nuestro socio de la hidrolinera de Manoteras, Sumitomo Corporation, y su presidente Hisano Yasunori (Yaz), que asistíó al evento con su #ToyotaMirai de #piladecombustible de #hidrógeno. Ambos tuvieron la oportunidad de conocer nuestro #eléctricodebatería, el #bZ4X, demostrando así nuestra firme apuesta por la #multitecnología y las #ceroemisiones. ¡Muchas gracias por la invitación y seguimos colaborando juntos! #LetsGoBeyond