US-based Enfinity Global has introduced a JPY 26.24 billion ($162.4 million) financing package deal for a 250 MW photo voltaic portfolio in Japan.
Enfinity Global has seven operational utility-scale photo voltaic initiatives in its portfolio, with one below building. The initiatives are anticipated to yearly generate a mixed 300 GWh of fresh power, or sufficient to energy 60,000 Japanese houses. According to Enfinity Global, the portfolio there’s a estimated enterprise worth of greater than $1 billion.
Infrastructure investor Macquarie Capital and a syndicate led by Shinhan Asset Management offered the financing.
“Japan’s power transition requires world-class corporations investing in these high-quality long-life property and supporting evolving power wants comparable to these pushed by knowledge facilities,” stated Enfinity Global CEO Carlos Domenech.
In April, Enfinity Global stated it secured $195 million in long-term financing for a 70 MW photo voltaic plant in Japan.
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