Enfinity Global, a leader in renewable energy, has secured $195 million (¥29.2 billion) in financing for a 70 MW solar power plant in Japan.
Nomura Securities acted as initial lead arranger/sole bookrunner and Aozora Bank acted as lead arranger / agent.
This recently completed solar power plant, located in Aomori Prefecture in northern Japan, is expected to produce more than 75 GWh of clean energy annually, enough to supply 11 percent of Aomori City’s residential energy demand, or about 15,600 households, and offset 35,000 tons of CO2 emissions annually.
The Aomori solar power plant is part of the 250 MW solar PV portfolio owned by Enfinity Global in Japan.