Loading
Search
▼ Daiwa Secures Project Finance For 38-MW Battery In Japan
- Category:Other
Daiwa Energy & Infrastructure (DEI), a unit of Japanese financial services firm Daiwa Securities Group Inc (TYO:8601), has secured a project finance loan for a 38-MW/160.32-MWh grid-connected energy storage facility.
The disbursement was inked with Japanese lender Aozora Bank on March 31, 2026. The battery storage project is being built in Chitose City, Hokkaido, the company announced on Tuesday.
Daiwa Energy did not disclose the size of the project finance facility.
Special-purpose company (SPC) Chitose Chikudensho LLC is the owner of the project, which is scheduled to be commissioned in October 2027.
Once operational, the facility will be aggregated by Osaka Gas Co Ltd (TYO:9532).
Japanese trader ITOCHU Corp (TYO:8001) will supply the battery storage system. Kyocera Communication Systems is in charge of engineering, procurement, and construction (EPC), while Daiwa Real Estate Asset Management will be the asset manager.
The disbursement was inked with Japanese lender Aozora Bank on March 31, 2026. The battery storage project is being built in Chitose City, Hokkaido, the company announced on Tuesday.
Daiwa Energy did not disclose the size of the project finance facility.
Special-purpose company (SPC) Chitose Chikudensho LLC is the owner of the project, which is scheduled to be commissioned in October 2027.
Once operational, the facility will be aggregated by Osaka Gas Co Ltd (TYO:9532).
Japanese trader ITOCHU Corp (TYO:8001) will supply the battery storage system. Kyocera Communication Systems is in charge of engineering, procurement, and construction (EPC), while Daiwa Real Estate Asset Management will be the asset manager.
- 22/5 21:20
- Comment (0)
- Trackback(0)