Renewable energy（Renewable energy power generation business asset management）

We are actively challenging the post-FIT business in addition to the conventional FIT business, while being entrusted with the operation and management of approximately 600 MW of renewable energy projects at about 70 sites in Japan, mainly large-scale solar power plants, known as mega solar power plants.

With regard to the services we provide, our main focus is on SPC management, project finance response, operation and management of SPCs during the project period based on accounting and taxation approaches, and we have accumulated a broad network and know-how in the field of renewable energy business, including energy market trends, power generation equipment such as solar cell modules and PCS, and new laws and regulations related to renewable energy, such as the FIT Law and the Electricity Business Act.

In October 2020, the Japanese government declared Carbon Neutral by 2050, and the market for renewable energy has been diversifying and developing, exemplified by FIP, corporate PPA, aggregator business, capacity market, and non-fossil value trading market, in addition to the conventional FIT business. As for conventional FIT business, discussions have recently become more active with regard to the introduction of guidelines for funding disposal and other costs, and charging on the power generation side.

In response to this new global trend toward decarbonization, we aim to expand our services beyond our conventional business areas, such as post-FIT, while leveraging the know-how we have accumulated since our establishment and the trust earned from our clients.

Main service lines

(Asset management services for power generation projects using renewable energy)

■Operation and management services

〇Full set of project finance-related services

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

〇Develop, review, and update business plans

〇Cash management operations such as payment instructions, deposit/withdrawal management, and management of actual versus forecast results

〇Support for implementation of rights and obligations under various project-related contracts, EPC, confirmation of reports from project-related parties including O&M contractors, as well as cooperation and coordination services

〇Preparation of documents on electricity sales results, etc., and reporting services

〇Insurance-related services (new contracts, response to renewal and revision, response to reimbursement, etc.)

〇Support for confirming the intentions of investors, and instructions to and coordination with business-related parties based on the intentions of investors, etc.

〇Cooperation with trustees of SPC accounting affairs, etc.

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

〇Verification and submission of financial statements, etc.

■ Financing support services

〇Advice on schemes for fundraising (including refinancing)

〇Administrative support for confirming the intentions of investors with respect to plans for financing, and instructions to and coordination with related parties of the project based on the intentions of investors, etc.

〇Proposal for funding sources

〇Preparation, submission, etc. of documents, etc. to be submitted to funding sources

■ Support for the sale and disposal of facilities

〇Advice, support and decision-making regarding the sale and disposal of facilities

〇Administrative support for confirming the intentions of investors in relation to the sale and disposal of facilities

〇Proposal for destination for the sale and disposal of facilities

〇Cooperation in procedures related to contracts for the sale and disposal of facilities