Joint Investment in 那須烏山ソーラー and Right to Increase Stake After Completion
First written in FY2018-Q3. 1 of 4 entries say "Restated". Latest entry: FY2020-Q1.
1 other company's latest entry also says "Achieved".
- FY2020-Q1AchievedAnnual report
「In May 2019, the 那須烏山ソーラー power plant, with output of 19.2 MW, commenced commercial operations. The plant had been under construction in Tochigi Prefecture as part of the 那須烏山ソーラー silent partnership project, previously an equity-method affiliate of the company. The company additionally acquired silent partnership interests in the project, using 30 June 2019 as the deemed acquisition date, and made the project a consolidated subsidiary. (Going forward, solar power generation capacity refers to module-based capacity.)」
那須烏山ソーラー commenced commercial operations in May 2019 and became a consolidated subsidiary after the additional acquisition, with the company's investment ratio reaching 100%. - FY2019AdvancedAnnual report
「The power plant commenced operations on 1 May 2019.」
那須烏山ソーラー commenced operations on 1 May 2019. The right to acquire the joint sponsor's 62% interest after completion continues to be disclosed. - FY2018-Q4RestatedAnnual report
「Under the "Memorandum on the Transfer of Silent Partnership Interests, etc. in 合同会社四日市ソーラー" and the "Memorandum on the Transfer of Silent Partnership Interests, etc. in 合同会社那須烏山ソーラー," the company has the right to progressively acquire the joint sponsor's silent partnership interests, representing 62% in each case, after completion of the large-scale solar power plants operated by 四日市ソーラー and 那須烏山ソーラー.」
The company also reconfirms its right to progressively acquire the joint sponsor's 62% interest in 那須烏山ソーラー after completion. - FY2018-Q3First statedAnnual report
「In November 2017, the company also recognized revenue from development fees related to the large-scale solar power generation project, with output of 19.2 MW, being developed in Tochigi Prefecture through a joint investment with another company as part of the 那須烏山ソーラー silent partnership project. Under the "Memorandum on the Transfer of Silent Partnership Interests, etc. in 合同会社四日市ソーラー" and the "Memorandum on the Transfer of Silent Partnership Interests, etc. in 合同会社那須烏山ソーラー," the company has the right to progressively acquire the joint sponsor's silent partnership interests, representing 62% in each case, after completion of the large-scale solar power plants operated by 四日市ソーラー and 那須烏山ソーラー.」
In November 2017, the company participated in the 那須烏山ソーラー silent partnership project through a joint investment with another company and recognized development fee revenue from the 19.2 MW project. It also has the right to progressively acquire the joint sponsor's 62% interest after completion.