Komori
Disclosure9519RENOVA,Inc.Electricity and gas

Notice Regarding the Execution of Financing-Related Agreements for Our Energy Storage Business

For the battery storage business in Kikugawa, Shizuoka Prefecture, the project company entered into financing-related agreements with SBI Shinsei Bank and arranged approximately ¥6 billion in project finance.

Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
60
¥100 million
Wording
Conditional
How definitive the wording is.

Decision and Details

アールワン蓄電所合同会社

Execution of financing-related agreements for our battery storage business

Decision31 March 2026
Implementation31 March 2026 (financing-related agreements executed and project finance arranged; commercial operation scheduled to begin in fiscal 2028)
Going forwardCommercial operation is scheduled to begin in fiscal 2028. We will promptly disclose any matters requiring disclosure in the future.
AmountFinancing amount: approximately ¥6 billion
Quantity / scaleExpected output: 90 MW; expected capacity: 270 MWh. The total capacity of our battery storage facilities in operation or for which construction has commenced is 352 MW. We aim to reach cumulative installed capacity of 900 MW by 2030.
Reason

To develop battery storage businesses that support the transition to renewable energy as a primary power source, while securing and maximizing sustainable earnings by reducing project costs through larger-scale development and optimizing the operation of battery storage facilities.

Impact on Business Performance

The impact of executing these financing-related agreements on the earnings forecast for the fiscal year ending March 2026 has already been incorporated into the revised full-year consolidated earnings forecast announced on 27 March 2026.

Decision and Details
ItemDetails
Matter CoveredExecution of financing-related agreements for our battery storage business
Decision-Making Bodyアールワン蓄電所合同会社
Decision Date31 March 2026
Implementation Date31 March 2026 (financing-related agreements executed and project finance arranged; commercial operation scheduled to begin in fiscal 2028)
AmountFinancing amount: approximately ¥6 billion
Quantity / scaleExpected output: 90 MW; expected capacity: 270 MWh. The total capacity of our battery storage facilities in operation or for which construction has commenced is 352 MW. We aim to reach cumulative installed capacity of 900 MW by 2030.
Impact on Business PerformanceThe impact of executing these financing-related agreements on the earnings forecast for the fiscal year ending March 2026 has already been incorporated into the revised full-year consolidated earnings forecast announced on 27 March 2026.
ReasonTo develop battery storage businesses that support the transition to renewable energy as a primary power source, while securing and maximizing sustainable earnings by reducing project costs through larger-scale development and optimizing the operation of battery storage facilities.
Related previous disclosures27 March 2026: “Notice Regarding Revision to Full-Year Consolidated Earnings Forecast (IFRS).” The disclosure also stated that in 2023, the Company achieved Japan’s first project finance arrangement for a market-based sales battery storage business at the Himeji battery storage facility.
Future plansCommercial operation is scheduled to begin in fiscal 2028. We will promptly disclose any matters requiring disclosure in the future.
Items this document does not state (2)
Period CoveredGoverning Rule

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 develop battery storage businesses that support the transition to renewable energy as a primary power source, while securing and maximizing sustainable earnings by reducing project costs through larger-scale development and optimizing the operation of battery storage facilities.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Execution of Financing-Related Agreements for Our Energy Storage Business | RENOVA,Inc. (9519) timely disclosure | Komori