Asset Manager

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Diamond Generating Corporation

A Subsidiary of Mitsubishi Corporation | As a wholly owned subsidiary of Mitsubishi Corporation, one of the world’s most diverse enterprises, with over...

Diamond Generating Corporation logo

Diamond Generating Corporation

A Subsidiary of Mitsubishi Corporation | As a wholly owned subsidiary of Mitsubishi Corporation, one of the world’s most diverse enterprises, with over 700 subsidiaries and affiliates worldwide, Diamond Generating Corporation has developed a reputation for financial strength and long-term stability. Our expertise in power development and generation, including greenfield development, acquisition, fuel procurement, financing, construction and operations management has resulted in a portfolio of efficient, state-of-the-art, environmentally sound generating facilities.

General information

Firm type

Asset Manager

Year founded

1999

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Los Angeles

Corporate office

633 W. Fifth Street 27th Floor Los Angeles, CA 90071

Additional offices

Boston, MA, United States · Mexico City, Mexico

Principals

Satoru Tamiya

CEO

Yuichiro Sakaguchi

EVP, Strategy, & CEO of Diamond Generating, LLC

Jun Adachi

CFO

Isaac Felix

EVP, Risk & Finance

Shuhei Kurosawa

President, Diamond Generating

Sector focus

Energy Transition & RenewablesInfrastructureReal Estate

Frequently asked questions

Who runs investment decisions at Diamond Generating Corporation?

CEO Satoru Tamiya leads the firm. SVP of Business Development and Origination Sohinaz Sotoudeh and EVP of Strategy Yuichiro Sakaguchi shape the project pipeline. The firm operates as a corporate subsidiary, so major capital commitments requiring parent-level approval flow through Mitsubishi Corporation's governance.

Is Diamond Generating Corporation a fund or an operating company?

DGC is a wholly owned operating subsidiary of Mitsubishi Corporation. It does not raise external capital or operate as a fund manager. The firm develops, owns, operates and manages energy projects on its own balance sheet and for Mitsubishi Corporation, acting as both developer and asset manager.

How does DGC source its energy projects?

DGC sources projects through its in-house development team, via acquisitions, and through subsidiary platforms. Its distributed generation subsidiary Nexamp originates and develops community and commercial solar projects. The firm also participates in the full lifecycle from greenfield development through to operations, rather than relying solely on third-party acquisition.

What is Diamond Generating Corporation's relationship with Mitsubishi Corporation?

DGC is a wholly owned subsidiary of Mitsubishi Corporation, the Japanese global integrated business enterprise. The parent company operates across ten business groups including Natural Gas, Power Solutions, and Mineral Resources, with over 1,700 group companies and approximately 86,000 employees. DGC benefits from Mitsubishi's energy supply chains, customer relationships, and balance sheet support.

What geographies does DGC cover?

DGC operates across North America. It maintains offices in Los Angeles, Boston, and Mexico City, and holds energy assets and provides energy services in the United States, Canada, and Mexico.

Does Diamond Generating Corporation participate in energy trading?

Yes. DGC's energy trading and management activities are conducted through Boston Energy Trading and Marketing (BETM), a subsidiary that trades energy commodities and provides asset optimization services across North American markets. This gives DGC an owner-operator-trader structure uncommon among pure-play independent power producers.

What technologies does DGC invest in?

DGC's electric generation holdings include wind farms, utility-scale and commercial-industrial solar arrays, battery energy storage facilities, and natural gas-powered combined-cycle and simple-cycle generation. The firm has stated a commitment to reducing its carbon footprint and diversifying its portfolio in clean energy, though it maintains significant gas-fired assets.

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