IHI Power Services Corp. (IPSC), a leading operator of power plants across the U.S., has a new name as it enters a new chapter. Effective today, IPSC officially becomes Kyuden Energy Partners Corporation, following the completion of its acquisition by Kyuden International Corporation (Kyuden International), a wholly owned subsidiary of Kyushu Electric Power Company—one of Japan’s most powerful electric utilities and a cornerstone of the country’s energy infrastructure for over 70 years.

Behind the new name stands one of Japan’s most formidable energy institutions. Kyushu Electric Power Company leads the Kyuden Group, its global energy enterprise, through which Kyuden International Corporation serves as the dedicated overseas investment arm — with an active presence across every major region, from New York and London to Dubai. For over 70 years, Kyushu Electric has powered eight million customers across thermal, hydro, nuclear and renewable assets, bringing to Kyuden Energy Partners a depth of institutional knowledge and capital resources that few global energy players can match.

The timing could not be more significant. U.S. electricity demand is projected to reach record highs in 2026, driven by an AI-fueled surge in data center construction forecasted to more than double grid power needs by 2027, according to Goldman Sachs Research. Aging infrastructure and accelerating renewable integration are also straining grid reliability, and per the Electric Power Research Institute (EPRI), data centers alone could consume up to 9% of total U.S. electricity generation by 2030, up from just 4% in 2023.

“This is the beginning of an exciting and prolific new chapter,” said Tony Dabbene, CEO of Kyuden Energy Partners. “Kyuden International’s backing strengthens our organization, broadens our reach and deepens the resources behind every project we take on. The expertise our team has built operating power plants across the U.S. for more than 40 years, combined with the global strength and long-term vision of the Kyuden Group, will undoubtedly propel our organization to new heights.”

Kyuden Energy Partners’ formation reflects growing international confidence in the U.S. power sector. Foreign direct investment into U.S. utilities reached $16 billion in 2024 per the U.S. Bureau of Economic Analysis, part of a growing global commitment to energy infrastructure investment. For Kyuden International, this goes beyond capital deployment — it is a deliberate, long-term commitment to the American energy market, and the Kyuden Group’s first dedicated investment in U.S. operations and maintenance (O&M). It is a signal that the future of energy infrastructure will be shaped by partnerships that cross borders.

IPSC came into this alliance with one of the most versatile O&M platforms in the country. Its vast bench of energy professionals throughout the U.S. manage a diverse portfolio of natural gas, biomass, hydro, coal, battery energy storage systems (BESS), wind, solar facilities and more. Capabilities run the gamut from O&M to asset management, regulatory compliance and technical support across every phase of power generation, from construction through decommissioning.

Kyuden Group brings to Kyuden Energy Partners what no rebrand alone can manufacture: The institutional know-how of a utility that has been generating power safely and reliably for more than 70 years, alongside the capital resources and strategic discipline to advance long-term, scalable growth in a new market. That combination of a team that has already proven itself as one of the most trusted power plant operators in the country, now backed by one of Japan’s most successful energy institutions, creates a distinctly capable partner for asset owners, developers and investors navigating one of the most complex and fast-moving periods in energy history.

“The United States sits at the center of the global energy transformation, and Kyuden Energy Partners gives Kyuden International a truly exceptional platform from which to grow and contribute,” said Takashi Mitsuyoshi, CEO of Kyuden International Corporation and Executive Officer of Kyushu Electric Power Company. “We bring the operational precision and strategic discipline of the Kyuden Group to a team that has already proven itself as one of the most trusted power plant operators in America. This represents our first investment in an O&M business in the United States, and with it, we are committed to building a dynamic, long-standing partnership designed for the power generation demands of the future and to empowering Kyuden Energy Partners to reach its full potential.”

For clients, the transition is seamless. The leadership team remains in place, day-to-day operations continue without interruption, and the people, processes and relentless commitment to safety, environmental compliance and operational rigor that have defined this organization since day one are now backed by greater capacity and global resources to do even more. The name is new. The standard of excellence remains.

To learn more, visit: https://kyudenenergypartners.com/ and www.kyuden-intl.co.jp/en.

About Kyuden Energy Partners: Kyuden Energy Partners, formerly IHI Power Services Corp. (IPSC), is a leading U.S. provider of operations and maintenance (O&M), asset management, compliance and comprehensive technical support to the nation’s power generation industry. With more than four decades of proven outcomes, Kyuden Energy Partners’ deep bench of power generation professionals deliver value-added services grounded in decades of hands-on experience—minimizing operational risk, capturing market opportunities and maximizing asset value while maintaining safe, environmentally compliant workplaces. The organization manages a diverse portfolio of natural gas, biomass, hydro, BESS, wind and solar generation facilities across dozens of operational sites nationwide. Backed by the institutional strength and global resources of the Kyuden Group—the global energy enterprise of Kyushu Electric Power Company, one of Japan’s most powerful electric utilities— Kyuden Energy Partners is positioned to expand its capabilities and footprint across the U.S. energy market. For more information, visit https://kyudenenergypartners.com/.

About Kyuden International Corporation: Kyuden International Corporation (KIC) is a wholly owned subsidiary of Kyushu Electric Power Company (Kyuden) —one of Japan’s leading electric utilities and the parent company of the Kyuden Group, a Japan-based global energy enterprise. As a vertically integrated power company, Kyuden owns a diversified portfolio of generation, transmission and distribution assets, including nuclear, thermal, hydro, geothermal, wind, solar, battery storage and biomass. KIC serves as the overseas investment arm of the Kyuden Group, seeking to build sustainable, long-term value through strategic investments and partnerships in global energy markets, guided by the Kyuden Group’s Strategic Vision 2035. KIC is headquartered in Fukuoka, Japan, with offices in New York, London and Dubai. For more information, visit www.kyuden-intl.co.jp/en.

Media gallery

About The Author
Business Wire