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Pacifico Energy completed acquisitions of asset

Power News - Published on Thu, 12 Jul 2018

Image Source: businesswire.com
Pacifico Energy KK a company involved in the development, construction, and operation of some of the largest solar power plants in Japan, announced that it has successfully completed the acquisitions of two additional solar power plants, Yanai (12.3MWdc) and Yuza (23.9MWdc), into its first solar investment fund (the “Fund”). 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.

Mr Nate Franklin, President of Pacifico stated that “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 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.”

Summary of solar plants acquired

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

Source :

Posted By : Amom Remju on Thu, 12 Jul 2018
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