An electrical power converter includes: AC voltage terminals U, V, and W; DC voltage terminals P and N; a converter cell series unit composed of one or more converter cells connected in series between the AC voltage terminals U, V, and W and the DC voltage terminals P and N, each converter cell including a semiconductor element and a capacitor; and a first inductance connected in series to the converter cell series unit, between, of the DC voltage terminals P and N, a DC voltage terminal at the lowest potential with respect to the ground, and the AC voltage terminals U, V, and W.