A.D.Works Group conducted financing for its grid-scale battery storage facility business using Chiba Bank's “Chibagin Leaders Loan NEXT (environmental equipment financing).”
A.D.Works Group used Chiba Bank's Leaders Loan NEXT to raise funds for its grid-scale battery storage facility business, as announced in a timely disclosure. The specific loan amount and detailed terms were not provided in the body of the disclosure.
The transaction used a financing facility for environmental equipment and was intended to address the funding needs of the battery storage facility business through a loan provided by Chiba Bank. The information is limited to the scope of the materials presented, and no additional developments or timing for future disclosures have been determined.