JERA, Japan's largest power producer, has launched a feasibility study on a U.S.
listing to broaden funding and support accelerated international expansion,
sources said. The review is at an early stage; JERA has made no decisions on IPO
timing, listing structure, venue or valuation. The company has long viewed the
Tokyo Stock Exchange as its primary listing option. JERA's domestic generation
capacity is 59 GW including projects under construction, supplying about 30% of
Japan's total electricity.