LP investment in Japan Energy Fund to expedite our overseas investments
Investment Date: December 6, 2019
We have invested as a limited partner in the Japan Energy Fund ("JEF"), a decarbonized energy fund established by ENECHANGE Ltd. ("ENECHANGE") and Looop Inc. ("Looop"), two emerging companies in the energy sector. The fund aims to promote a sustainable society by encouraging Japanese companies to invest in decarbonized energy projects abroad.
JEF's initiative is centered around two main components: "JEF Renewables" and "JEF Ventures." "JEF Renewables" focuses on investing in renewable energy businesses in emerging countries, while "JEF Ventures" targets energy-based startups (referred to as "ventures" in Japan) in Europe and North America, where technology and energy markets are more advanced.
Investment Highlights
The investment areas of both "JEF Renewables" and "JEF Ventures" offer significant growth potential but are challenging for us to invest in directly. By participating in the fund as an LP investor, we aim to pursue a "middle-risk, middle-return" investment approach. Our goal is not solely financial returns but also to gain valuable knowledge, information and networks that would lead to future investment opportunities.
Future Actions
As an LP investor, we will provide the necessary support to scale the fund. While ENECHANGE offers a platform for energy data analysis and Looop contributes technical expertise and detailed assessments of power plant projects, our role will be to provide financial knowledge based on our investment experience in domestic and overseas markets.
Posted on December 6, 2019