Shizen Energy And Cdpq Announce Jpy 70-Billion (Usd 474-Million) Investment By Cdpq To Accelerate The Energy Transition In Japan And Key International Markets
Shizen Energy And Cdpq Announce Jpy 70-Billion (Usd 474-Million) Investment By Cdpq To Accelerate The Energy Transition In Japan And Key International Markets
10/24/22, 5:02 AM
Location
japanIndustry
energy management
renewable energy
energy
Shizen Energy Inc. (Shizen Energy), a renewable energy leader in Japan, and CDPQ, a global investment group, are pleased to announce a JPY 20-billion (USD 135-million) investment in Shizen Energy. Shizen Energy and CDPQ have also agreed to a co-investment framework, which will involve potential investments of JPY 50 billion (USD 339 million) by CDPQ.
Company Info
Location
japan
Additional Info
Founded in June 2011. With the company purpose of "We take action for the blue planet", the company's business includes development, financing, and asset management of renewable energy power plants using solar power, wind power, small-scale hydroelectric power, and biomass. Since 2016, the company has also been focusing on its overseas operations, expanding its development and power generation projects in areas such as Southeast Asia and Brazil. In 2019, the company also entered the energy tech business, offering micro-grid and VPP construction, smart charging and discharging services for EVs, and other services through its self-developed EMS (energy management system). Shizen Energy Group has been involved in more than 1 GW of renewable energy generation in Japan and overseas.