Archived article

JAI Launched Renewable Energy Fund
Jan 29, 2016

This article is a reprint of the article released on Japan Alternative Investment Co., Ltd. website.
This information is as of the date of the annoucement.

Japan Alternative Investment Co., Ltd. (”JAI,” President & CEO: Atsushi Katayama) launched and completed a distribution of a new fund that would invest in renewable energy projects (“the Fund”).

Renewable energy projects can expect a stable stream of cash flows generated by electricity sales, which enables the Fund to use project finance in its fund structure in order to maximize equity returns. These projects will be developed and managed by Mitsui & Co. Plant Systems, Ltd. (President & CEO: Naosuke Senzaki), which has a successful track record of developing and managing various projects financed by investment funds. The rights to operate a renewable energy generation business have already been secured, and the construction of each power plant will be started once all conditions are set. After the completion and start of the operation of each plant, they will be transferred to the Fund.

JAI will remain committed to best serving its clients by meeting their needs and constantly providing the highest quality products that can add value in a timely manner, with a focus on alternative investment opportunities around the world.

Summary of the Fund

Fund Name: JAI Renewable Energy Fund 2015-01
Fund Structure: Silent Partnership
Portfolio Asset: A few mega solar power plants
Fund Size: Around 10 billion Yen
Planned Date of Initial Investment: November 2016, when the first site is scheduled to be completed
Fund Period: Twenty years after all the power plants have been transferred to the Fund
Developer/Asset Manager: Mitsui & Co. Plant Systems, Ltd.
Distributor/Fund Manager: Japan Alternative Investment Co., Ltd.