Announced details
Stabilization of electricity supply and demand, wider adoption of renewable energy and its establishment as a primary power source, and supply of balancing power capacity
Fuyo General Lease Co., Ltd. joined as a co-investor in Libra, the grid-scale battery storage facility SPC. The 8 companies invest in individual projects through a MotherSPC structure under silent partnership arrangements.
Joint investors comprising 8 major Japanese companies. No information is provided on the individual companies’ locations, representatives, capital, year of establishment or business activities.
Nihonmatsu, Fukushima Prefecture; Chikuzen, Fukuoka Prefecture; Ise, Mie Prefecture; Eniwa, Hokkaido; Shiroishi, Miyagi Prefecture; and Aomori, Aomori Prefecture
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Libra, the grid-scale battery storage facility SPC / grid-scale battery storage business |
| Counterparty | Tokyu Land Corporation, IBeeT Inc., Nomura Real Estate Co., Ltd., Maeda Corporation, NIPPON STEEL KOWA REAL ESTATE CO., LTD., Sumitomo Mitsui Trust Bank, Limited, and Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. |
| Counterparty overview | Joint investors comprising 8 major Japanese companies. No information is provided on the individual companies’ locations, representatives, capital, year of establishment or business activities. |
| Relationship with the Company | Fuyo General Lease Co., Ltd. joined as a co-investor in Libra, the grid-scale battery storage facility SPC. The 8 companies invest in individual projects through a MotherSPC structure under silent partnership arrangements. |
| Contract Date | 26 March 2026 (investment participation date) |
| Launch date | Operations are scheduled to begin sequentially from FY2027 onward. Individual projects are scheduled to begin operations from the second half of FY2027 through the first half of FY2029. |
| Applicable area | Stabilization of electricity supply and demand, wider adoption of renewable energy and its establishment as a primary power source, and supply of balancing power capacity |
| Location | Nihonmatsu, Fukushima Prefecture; Chikuzen, Fukuoka Prefecture; Ise, Mie Prefecture; Eniwa, Hokkaido; Shiroishi, Miyagi Prefecture; and Aomori, Aomori Prefecture |
| Location scale | 6 locations nationwide with total output of approximately 174 MW. Individual output capacities are 20 MW, 40 MW, 14 MW, 29 MW, 45 MW and 26 MW. |
Items this document does not state (9)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To contribute to the wider adoption of renewable energy by supplying the balancing power capacity in short supply, while also stabilizing electricity supply and demand, establishing renewable energy as a primary power source, expanding business operations and achieving sustainable growth.