Announced details
Electricity trading from battery storage facilities in the balancing market, wholesale electricity market, and capacity market. Renewable energy, stable electricity supply, and decarbonization.
SGET’s renewable energy project development and operating track record covers 349 sites nationwide, totaling 727 MW. Its battery storage business covers 5 sites nationwide, totaling 230 MW.
SPARX Group Co.,Ltd. is the general partner (GP) and fund manager. スパークス・アセット・マネジメント株式会社 acts as the investment management agent. The counterparties listed above have invested as limited partners (LPs).
Resona Bank, Limited, Hulic Co.,Ltd., and The Joyo Bank, Ltd. are listed as limited partners. Institutional investors and operating companies are also listed as other investors. No information is provided on their locations, representatives, capital, year of establishment, or securities codes.
Domestic battery storage projects. Individual locations: Not disclosed.
¥6.1 billion (total amount as of the execution of the limited partnership agreement today). The fund is targeting a size of approximately ¥10 billion.
The company does not address Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | SPARX Battery Storage Fund, SPARX Battery Storage Investment Limited Partnership |
| Counterparty | 株式会社りそな銀行, Hulic Co.,Ltd., 株式会社常陽銀行 |
| Counterparty overview | Resona Bank, Limited, Hulic Co.,Ltd., and The Joyo Bank, Ltd. are listed as limited partners. Institutional investors and operating companies are also listed as other investors. No information is provided on their locations, representatives, capital, year of establishment, or securities codes. |
| Relationship with the Company | SPARX Group Co.,Ltd. is the general partner (GP) and fund manager. スパークス・アセット・マネジメント株式会社 acts as the investment management agent. The counterparties listed above have invested as limited partners (LPs). |
| Contract Value | ¥6.1 billion (total amount as of the execution of the limited partnership agreement today). The fund is targeting a size of approximately ¥10 billion. |
| Contract Date | 30 March 2026 |
| Applicable area | Electricity trading from battery storage facilities in the balancing market, wholesale electricity market, and capacity market. Renewable energy, stable electricity supply, and decarbonization. |
| Location | Domestic battery storage projects. Individual locations: Not disclosed. |
| Location scale | SGET has a development track record of 5 battery storage sites nationwide, totaling 230 MW. The scale of the fund’s investment targets: Not disclosed. |
| Usage history | SGET’s renewable energy project development and operating track record covers 349 sites nationwide, totaling 727 MW. Its battery storage business covers 5 sites nationwide, totaling 230 MW. |
Items this document does not state (8)
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.Price volatility in the power market has increased, raising the need for flexible balancing capacity. The fund also aims to address challenges associated with the expansion of renewable energy, including instability in the power grid and output curtailment.