#Japan #Tokyo #Corporate PPA #SBI Shinsei Bank #Clean Energy Connect

Clean Energy Connect Secures Major Funding for Renewable Projects

Clean Energy Connect (CEC), a company focused on decarbonization solutions, has successfully raised a significant amount of 19.5 billion yen through project financing from SBI Shinsei Bank. This funding is aimed at developing a portfolio of approximately 1,600 non-FIT small solar power plants, with a combined capacity of around 140 MW-DC, as part of their off-site Corporate Power Purchase Agreement (PPA) initiative. With this latest funding, CEC's total fundraising now reaches an impressive 80.6 billion yen, marking a substantial milestone in their mission to build a sustainable model for long-term revenue through renewable energy assets.

Overview of the Project Financing

The details of the recent project financing are as follows:

• - Project Management Entity (Borrower): Multiple Special Purpose Companies (SPCs) associated with CEC
• - Lending Institution: SBI Shinsei Bank Co., Ltd.
• - Use of Funds: Project costs related to a portfolio of non-FIT small solar power plants acquired through multiple off-site corporate PPAs, totaling approximately 140 MW-DC (including development, construction, and operational expenses).
• - Expected Outcomes: It is anticipated that the various projects will collectively generate around 14.6 million kWh of renewable energy annually after all facilities begin operation, leading to a projected CO2 emissions reduction of 61,556 tons per year.

Background of the Funding

CEC is dedicated to assisting companies aiming for decarbonized operations by providing comprehensive, swift, and flexible solutions for green power implementation—from planning and execution to effect verification and goal achievement. The company strategically utilizes abandoned farmland across Japan to install non-FIT small solar power plants, currently totaling around 2,700 facilities as of March 2026. This approach facilitates rapid green power adoption and systematic CO2 reduction initiatives.

CECs client list includes several prestigious firms that are committed to achieving decarbonization and RE100 targets, such as Dai-ichi Life Insurance, NTT Group, Tokyu, Nomura Real Estate, Hulic, Sugi Holdings, Fujifilm, Amazon, and Google. CEC is committed to advancing funding diversification and continually providing leading-edge green power solutions, including support for 24/7 carbon-free electricity, to tackle climate change challenges effectively.

Conclusion

With this funding, Clean Energy Connect reinforces its position as a key player in the renewable energy sector, driving forward monumental changes in corporate energy consumption and contributing to the global effort toward a sustainable future. Their commitment to innovative green energy solutions propels them toward fulfilling their mission of addressing climate change through actionable and effective measures.