• JERA seeking to engage with global investors, sources say
• Examining US market conditions, regulations, sources say
• Study is early-stage; no timing, valuation decided, sources say

JERA, Japan's biggest power generator, has begun a feasibility ​study for a U.S. listing as it explores means of expanding overseas and broadening funding options, ‌said three people familiar with the matter.

The unlisted company, owned by Tokyo Electric Power, and Chubu Electric Power, has long viewed the Tokyo Stock Exchange as its primary listing option but is now exploring ways to deepen engagement with global investors as it accelerates its ​international expansion, the people said.