Osaka Gas USA Revenue and Competitors

Osaka Gas USA (OG USA) - a wholly owned subsidiary of leading Japanese gas company Osaka Gas Co., Ltd. - was formed to expand Osaka Gas’ presence in the United States and beyond. OG USA has been making investments in downstream energy infrastructure (mainly IPPs) since 2004 and in upstream oil and gas exploration and production assets since 2012. In 2014, Osaka Gas Energy America Corporation (“OGEA”) , Osaka Gas Resources America Corporation (“OGRA”), and Osaka Gas Freedom Energy Corporation (“OGFE”) were merged to form OGUSA facilitating the effective management of the highly diversified businesses. OGEA, established in 2004 as a subsidiary of Osaka Gas, managed a portfolio of nine (9) power plants with a total gross capacity of 2,697 MW (804 MW net ownership). OGRA, established in 2012 as a subsidiary of OGEA, managed investment of one (1) shale gas & oil project (35% ownership) in Texas. In addition, OGFE, established in 2007 as a subsidiary of Osaka Gas, owns a 10% stake in a Texas LNG re-gasification terminal. And Osaka Gas Resources Canada Ltd. (“OGRC”), a subsidiary of Osaka Gas, owns a 7.5% stake in Cordova Gas Recourses Ltd., a subsidiary of Mitsubishi Corporation which owns 50% stake in a shale gas project in B.C., Canada, and 50% stake in a utility scale solar facility in Ontario, Canada.