Financing Agreement Totaling ¥10 Billion for Construction of the Shingu Power Plant
First written in FY2019-Q2. 1 of 3 entries say "Advanced", first in FY2020. Latest entry: FY2022.
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- FY2022AchievedAnnual report
「Construction of the エフオン Shingu Power Plant is nearing completion, and all construction financing through the syndicated loan has been completed.」
It states that all construction financing for the Shingu Power Plant through the syndicated loan has been completed. - FY2020AdvancedAnnual report
「During the current consolidated fiscal year, the company drew down ¥2 billion in financing for the construction and development of the エフオン Shingu Power Plant. This enabled construction to progress without reducing cash on hand while also preparing for future funding needs.」
It states that ¥2 billion in financing was drawn down for the Shingu Power Plant under the previously executed financing agreements totaling ¥10 billion. - FY2019-Q2First statedAnnual report
「Consolidated subsidiary EF-ON Shingu entered into an agreement relating to financing for construction and business development of the power plant. Agreement date: 28 December 2018; total borrowing amount: ¥10 billion; lenders and form: Japan Finance Corporation, funds for forestry and fisheries facilities, and Sumitomo Mitsui Banking Corporation as arranger for a committed syndicated loan; borrowing period: up to 22 years.」
EF-ON Shingu entered into a financing agreement of ¥10 billion, with a maximum term of 22 years, with Japan Finance Corporation, Sumitomo Mitsui Banking Corporation and others on 28 December 2018.