Komori
Other Disclosures9519RENOVA,Inc.Electricity and gas

Notice Regarding the Execution of a Power Purchase Agreement (PPA) with TOKYO GAS CO.,LTD. for the Reihoku-Amakusa Wind Power Project

For the Reihoku-Amakusa Wind Farm, which レノバ is currently constructing, a 25-year agreement was executed under which TOKYO GAS CO.,LTD. will purchase all electricity generated.

Worth reading
72In focus
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Direction
Improvement
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Scale
25
Annual
Wording
Definitive
How definitive the wording is.

Announced details

Reihoku-Amakusa Wind Farm (Reihoku-Amakusa Wind Power)
Applicable field (uses covered by this announcement)

Power generation and electricity supply from renewable energy

Launch dateFY2027 (planned; start of operations)
Contract Date30 June 2026
Relationship between the counterparty and the company
RENOVA,Inc.9519
Relationship with the Company

Collaboration under the capital and business alliance agreement dated 1 April 2024.

CounterpartyTOKYO GAS CO.,LTD. (TOKYO GAS CO.,LTD.)

Minato-ku, Tokyo; Representative Executive Officer and President, Sasayama Shinichi (笹山 晋一). Other attributes: Not disclosed.

Location (as indicated in this announcement)

Reihoku Town, Amakusa District, Kumamoto Prefecture, and Amakusa City (main text); Reihoku Town, Amakusa District, Kumamoto Prefecture, in the reference summary

Installed capacity: 54.6 MW; estimated annual power generation: 109,000 MWh
Impact on Business Performance

The impact of executing the PPA has been incorporated into the earnings forecasts for the fiscal year ending March 2027.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredReihoku-Amakusa Wind Farm (Reihoku-Amakusa Wind Power)
CounterpartyTOKYO GAS CO.,LTD. (TOKYO GAS CO.,LTD.)
Counterparty overviewMinato-ku, Tokyo; Representative Executive Officer and President, Sasayama Shinichi (笹山 晋一). Other attributes: Not disclosed.
Relationship with the CompanyCollaboration under the capital and business alliance agreement dated 1 April 2024.
Contract Date30 June 2026
Launch dateFY2027 (planned; start of operations)
Applicable areaPower generation and electricity supply from renewable energy
LocationReihoku Town, Amakusa District, Kumamoto Prefecture, and Amakusa City (main text); Reihoku Town, Amakusa District, Kumamoto Prefecture, in the reference summary
Location scaleInstalled capacity: 54.6 MW; estimated annual power generation: 109,000 MWh
Impact on Business PerformanceThe impact of executing the PPA has been incorporated into the earnings forecasts for the fiscal year ending March 2027.
Items this document does not state (8)
Contract ValueOffering priceAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage historySource

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 improve the profitability of the project and maximize its value by executing a long-term PPA covering all electricity generated.

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 a Power Purchase Agreement (PPA) with TOKYO GAS CO.,LTD. for the Reihoku-Amakusa Wind Power Project | RENOVA,Inc. (9519) timely disclosure | Komori