Announced details
Wholesale electricity market, balancing market, capacity market, smoothing fluctuations in renewable energy output, and stable electricity supply
Daiwa Securities Group Inc. and Aozora Bank,Ltd. entered into a capital and business alliance in May 2024. 大和エナジー・インフラ and Aozora Bank,Ltd. are collaborating on financing for this project.
Head office: 1-1, 6-chome, Kojimachi, Chiyoda-ku, Tokyo; President and Representative Director: Dai Hideto (大 秀人); established: 1 April 1957; capital: ¥125.9 billion; business: banking
4-4, 3-chome, Ryutsu, Chitose, Hokkaido, and other locations
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | 千歳蓄電所, grid-scale battery storage business, project finance |
| Counterparty | Aozora Bank,Ltd. |
| Counterparty overview | Head office: 1-1, 6-chome, Kojimachi, Chiyoda-ku, Tokyo; President and Representative Director: Dai Hideto (大 秀人); established: 1 April 1957; capital: ¥125.9 billion; business: banking |
| Relationship with the Company | Daiwa Securities Group Inc. and Aozora Bank,Ltd. entered into a capital and business alliance in May 2024. 大和エナジー・インフラ and Aozora Bank,Ltd. are collaborating on financing for this project. |
| Contract Date | 31 March 2026 |
| Launch date | Scheduled for October 2027 (start of commercial operations at 千歳蓄電所) |
| Applicable area | Wholesale electricity market, balancing market, capacity market, smoothing fluctuations in renewable energy output, and stable electricity supply |
| Location | 4-4, 3-chome, Ryutsu, Chitose, Hokkaido, and other locations |
| Location scale | Grid connection capacity: 38 MW; battery capacity: 160.32 MWh |
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.A scheme was structured using full merchant revenues as the source of repayment, drawing on 大和エナジー・インフラ's track record in power development and project investment, as well as Aozora Bank,Ltd.'s project finance experience and expertise.