Committed credit facility · Climate tech
Clean Energy Connect secures ¥500 million Resona credit line
The committed bank facility supports the developer’s corporate solar power-purchase agreements.
Financing the development pipeline
Resona Bank is providing the credit line. The ¥500 million figure is available borrowing capacity; the announcement does not report how much has been drawn.
Clean Energy Connect supplies companies pursuing decarbonisation goals through off-site solar projects. Its financing announcement responds to rising demand for additional renewable generation.
Use of funds
Advance early development work for future corporate power-purchase agreements
Shorten the time from project formation to electricity supply
Funding history
Committed credit facility · This round¥500M