New Listing of i-Grid Solutions on the Tokyo Stock Exchange Growth Market Marks a Milestone

New Listing of i-Grid Solutions on the Tokyo Stock Exchange

On July 29, i-Grid Solutions Inc., a notable startup based in Tokyo, officially marked its entry into the Tokyo Stock Exchange Growth Market, with the ticker code 603A. This listing is backed by Chugingin Capital Partners, a firm led by Hiroyuki Okada in Okayama Prefecture, which manages both the Chugingin Impact Fund and the Chugingin Infinity Fund No. 2.

i-Grid Solutions has long been committed to fostering a world driven by green energy. The company is at the forefront of utilizing decentralized energy resources, including solar power generation and energy storage systems, to support the green transformation (GX) of various enterprises and communities. One of its significant initiatives includes onsite solar PPA agreements, which highlight their innovative energy platform aimed at promoting the effective use of renewable energy and regional circulation.

This new listing is seen as a strong validation of i-Grid's robust business foundation and unique business model, especially in addressing pressing societal challenges such as decarbonization and the local circulation of renewable energy. It is expected that the company will continue to expand the adoption of decentralized energy solutions, thereby contributing significantly to the advancement of green transformation initiatives across Japan.

Furthermore, our group has actively collaborated with i-Grid Solutions and Chugingin Energy to realize regional circulation of renewable energy through not only financial investments but also business partnerships. Looking ahead, we are committed to continue fostering new value and innovation in local communities through investments and collaborations with startups, thus contributing to sustainable local development.