Renewable energy（Renewable energy power generation business asset management）

We are entrusted with the operation and management of renewable energy projects covering approximately 70 sites across Japan with a total generation capacity of approximately 600MW, mainly large solar power facilities known as mega solar power plants. In addition to conventional FIT projects, we will also actively take on the challenge of moving from conventional FIT projects to post-FIT projects, including those that use renewable energy sources besides mega solar energy.

Our services in the renewable energy project domain mainly focus on SPC operation and management services during projects, via SPC management, project finance measures, and accounting and taxation-based services. As a result, we have built a wide-ranging network and broad expertise related to renewable energy projects, covering areas such as energy market trends, solar power cell modules, PCS and other generation facilities, and new legal and regulatory trends related to the FIT Act and the Electricity Business Act.

In October 2020, the Japanese government declared its aim to achieve carbon neutrality by 2050. As a result, the market for renewable energy businesses is developing and diversifying away from conventional FIT projects, to include FIPs, corporate PPAs, aggregator businesses, capacity markets, and non-fossil value trading markets. At the same time, we are seeing frequent legal and regulatory revisions and developments, such as amendments to the FIT Act.

In response to this new global trend focused on decarbonization, we aim to leverage the expertise and trust from clients that we have accumulated since our establishment to expand our services beyond existing business domains.

Main service lines

(Asset management related to businesses generating electricity from renewable energy)

■Operation and management

〇Complete range of project finance services

　(Reporting and notification, approval procedures, collateral-related procedures, funding reserves and transfers, covenant management, etc.)

〇Business plan formulation, revision, and updating

〇Payment instructions, cash receipt/withdrawal management, budget vs. actual results management, and other fund management services

〇Support for the fulfillment of rights and obligations under project contracts, EPCs, checks of reports from related parties, such as O&M contractors, and related liaison and coordination services

〇Preparation of documentation and reporting concerning electric power sales, etc.

〇Insurance-related services (new policies, updates and renewals, claims, etc.)

〇Support for confirmation of the will of investors, and instructions to/coordination with related parties based on that will, etc.

〇Liaison with parties entrusted with SPC accounting operations, etc.

〇Support for notifications and reports to government agencies, etc.

〇Confirmation and filing of financial statements, etc.

■ Fundraising support

〇Advice concerning fundraising schemes (including refinancing)

〇Support for confirmation of the will of investors concerning fundraising plans, and instructions to/coordination with related parties based on that will, etc.

〇Proposals for providers of funds

〇Preparation and submission of documents for submission to providers of funds, etc.

■ Support for facility sale and disposal

〇Advice, support, and assessments concerning the sale and disposal of facilities

〇Support for confirmation of the will of investors concerning the sale and disposal of facilities

〇Proposals for parties to whom to sell or dispose of facilities

〇Cooperation on procedures related to contracts concerning the sale or disposal of facilities