Enfinity Global Inc., a leading renewable energy company, has secured $195 million (¥29.2 billion) for a 70 MW solar power plant in Japan. Nomura Securities International Inc. served as the initial lead arranger, with Aozora Bank acting as the lead arranger/agent. Located in Aomori Prefecture, the plant fulfills 11% of Aomori City’s residential energy requirements using bifacial solar panels in snowy climates. The project is expected to annually generate over 75 GWh of clean energy, offsetting 35,000 tons of CO2 emissions. This project adds to Enfinity’s 250 MW solar PV portfolio in Japan, reinforcing its industry standing.
Enfinity secures $195 million financing for 70 MW PV project
Nomura Securities and Aozora Bank lead a $195 million financing for Enfinity’s solar project in Japan. (Image Credit: Enfinity Global)
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