With the acquisition of these two projects this first solar investment fund is now fully invested with total assets under management of 14.2 billion yen. The Fund acquired its first power plant in December last year.
“We are extremely pleased to announce the completion of all asset acquisitions into our first solar fund. We are planning a second fund this year and looking forward to partnering with investors to continue building renewable energy platforms,” Nate Franklin, President of Pacifico stated.
Summary of solar plants acquired(1)
1. Yuza Solar Plant
|Location||Yuza, Yamagata Prefecture|
|Panel Output||23.91 MWdc|
|Commercial Operation Date||January 4, 2017|
2. Yanai Solar Plant
|Location||Yanai, Yamaguchi Prefecture|
|Panel Output||12.26 MWdc|
|Commercial Operation Date||July 1, 2017|
(1) For further details, please refer to the press release dated February 1, 2018.