Pattern Energy closes financing for Green Power Renewable No. 1 Investment fund
Pattern Energy Group LP (Pattern Energy) has closed the financing of a US$515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments.
Pattern Energy's affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one of its largest investors. Investors in the fund comprise some of the largest and most respected financial institutions in Japan, including the Development Bank of Japan Inc., which will serve as the anchor investor.
The fund will invest in five renewable energy facilities that were developed, constructed, and are now owned and operated by GPI, including Futtsu Solar, Kanagi Solar, Ohorayama Wind, Otsuki Wind, and Tsugaru Wind. The 122 MW Tsugaru Wind power facility is the largest operating wind farm in Japan.
Pattern Energy has seven renewable energy facilities in Japan, including five in operations and two in construction, totaling 432 MW of capacity.
Country updates
-
-
January 22, 2021
Seajacks to transport, install turbines for 139 MW Akita Noshiro Offshore Wind Farm Project
Seajacks Japan LLC has been awarded a contract with Kajima Corporation for the transport and installation of 33 MHI Vestas V117 – 4.2 MW wind turbine generators at the Akita Port and Noshiro Por...
Read more -
December 30, 2020
Sonnedix completes acquisition of solar project in Ibaraki
Sonnedix Power Holdings Ltd, through its unit Sonnedix Japan KK, has completed the acquisition of a 55.6 MW solar photovoltaic project in the city of Hitachi in Ibaraki Prefecture, Japan. ...
Read more -
December 11, 2020
Ichigo Inc. postpones the commissioning of 7.39 MW Ichigo Yonezawa Itaya ECO Power Plant in Yonezawa
Ichigo ECO Energy, a wholly-owned subsidiary of Ichigo Inc, has decided to postpone the launch two months from December 2020 to February 2021 of the 7.39 MW Ichigo Yonezawa Itaya ECO Power Plant...
Read more -
December 10, 2020
juwi Shizen Energy completes 9.9 MW Kikuchi Shisui Solar Park in Kumamoto
On 30th September 2020, juwi Shizen Energy Inc. has completed the handover of the Kikuchi Shisui Solar Park, an approximately 15 MWp(DC) solar power plant in Shisui, Kikuchi City, Kumamoto Prefecture....
Read more -
November 18, 2020
Tokyo Gas to issue JPY10 bn for Aktina and Annaka Solar project
Tokyo Gas Co., Ltd. has decided to issue green bonds via a public offering platform, a first for the Company. Management plans a totalissuance of JPY10 billion (US$96.76 million) and is schedulin...
Read more
