Clean Energy Connect Raises 19.5 Billion Yen for Off-site Corporate PPA Projects
Clean Energy Connect has raised a total of 19.5 billion yen through project finance from SBI Shinsei Bank.
📋 Article Processing Timeline
- 📰 Published: May 28, 2026 at 10:00
- 🔍 Collected: June 1, 2026 at 00:59 (86h 59m after Published)
- 🤖 AI Analyzed: June 1, 2026 at 23:43 (22h 44m after Collected)
Clean Energy Connect has secured 19.5 billion yen in project finance from SBI Shinsei Bank to develop approximately 1,600 Non-FIT small-scale solar power plants for off-site corporate PPA projects. This brings the company's cumulative funding to 80.6 billion yen. The company utilizes abandoned farmland for distributed solar power generation, supporting the decarbonization efforts of major corporations such as Dai-ichi Life, Amazon, and Google.
FAQ
What is project finance?
A loan structure that relies primarily on the project's cash flow for repayment.