A joint investment in a Scottish onshore wind power project managed by Capital Dynamics
Capacity: Approx. 49.5MW
Investment Date: February 28, 2023
Related News
We have jointly invested in an onshore wind power project located in Scotland, managed by Capital Dynamics Ltd. ("Capital Dynamics"), alongside other investors. The consortium has acquired a 100% equity stake in this 50 MW ready-to-build project from a German developer. The project is expected to begin commercial operations in 2025/26 and to have a long-term offtake contract.
Investment Highlights
In Europe, particularly in the northern regions such as Scotland, onshore wind power plants are more prevalent than solar PV plants, which are more common here in Japan. Advanced corporate PPA deals are also available in the United Kingdom. We believe that the industry knowledge and expertise gained from this project can be applied to our domestic businesses.
Future Actions
We will accelerate our market exploration with our partners, including Capital Dynamics, to expand our renewable energy portfolio in Europe.
Posted on March 6, 2023