Enfinity Global’s Renewable Energy Venture
Enfinity Global Inc., a prominent player in the renewable energy sector, has successfully obtained $195 million (¥29.2 billion) in long-term financing for a 70 MW solar power plant in Japan. Nomura Securities International Inc. and Aozora Bank facilitated the financing, highlighting the growing investment in solar energy projects.
Operational Solar Power Plant in Aomori Prefecture
Situated in Aomori Prefecture in northern Japan, the newly completed solar power plant is poised to generate over 75 GWh of clean energy annually. This output is sufficient to meet approximately 11% of Aomori City’s residential energy requirements, benefiting around 15,600 households, while also mitigating 35,000 tons of CO2 emissions annually. Notably, the plant’s use of bifacial solar panels showcases innovative solutions for energy generation in adverse weather conditions.
Enfinity Global’s Commitment to Japan’s Clean Energy Goals
The Aomori solar power plant represents a significant addition to Enfinity Global’s 250 MW solar PV portfolio in Japan. Carlos Domenech, CEO of Enfinity Global, emphasized the company’s dedication to supporting Japan’s ambition of achieving carbon neutrality by 2050. He expressed gratitude towards financing partners, highlighting the pivotal role of clean energy in Japan’s evolving energy landscape.
Financial Institutions’ Support for Renewable Energy Transition
Nomura Securities International Inc. and Aozora Bank reiterated their commitment to facilitating sustainable investments, emphasizing the importance of supporting initiatives aligned with Japan’s clean energy goals. Vinod Mukani, Head of Nomura’s Infrastructure and Power Business (IPB), emphasized the tailored financing solution provided to Enfinity Global, underscoring the financial sector’s role in driving the transition to a clean energy economy.
Hiroki Nakazato, Managing Executive Officer at Aozora Bank, reaffirmed the institution’s focus on financing renewable energy projects, highlighting its contribution to the energy transition towards a carbon-free economy. As Enfinity Global’s solar projects continue to thrive in Japan, collaborative efforts between the private sector and financial institutions are poised to accelerate the adoption of solar technology and bolster the country’s renewable energy infrastructure.
Source：prnewswire.com
