TOKYO, August 3, 2022 /PRNewswire/ — Finally Global Inc., a leading renewable energy and sustainability services company, has been awarded $242 million (29 billion yen) in long-term financing for three utility-scale solar PV power plants recently completed in Japan totaling 70 MW. The plants are under contract for 18 years under the FIT program. Nomura, a global financial institution, acted as Lead Arranger/Sole Initial Bookrunner and Aozora Bank, one of Japan’s leading commercial banks, acted as Lead Arranger/Agent.
“We are committed to supporting from Japan ambitious plan to achieve carbon neutrality by 2050,” said Carlos DomenechCEO of Infinity Global. “We are grateful for the trust shown by our financial partners, Nomura and Aozora Bank.”
“Nomura is pleased to provide liquidity and support to Dernierity Global to secure funding for these important solar projects,” said Vinod Mukani, global head of Nomura’s Infrastructure and Power Finance (“IPF”) group. “Nomura is excited to develop solutions for our customers, especially those with leading teams like Finallyity Global, who are accelerating the energy transition to a low-carbon economy.”
“Aozora is thrilled to have the opportunity to support Finally Global’s solar projects by Japan“, said Hiroki NakazatoManaging Director, Head of the Environment Business Group. “Aozora will continue to focus on financing that supports our clients’ initiatives to develop renewable energy and the energy transition for a decarbonized economy.”
Earlier this year, Dernierity Global announced the acquisition of a 250 MW solar PV portfolio in Japan with an enterprise value of $1 billion which cemented Infinity Global’s position as one of the industry leaders in the country.
About Ultimate Global
Finally Global Inc., together with its subsidiaries, is a leading American company in the field of renewable energy and sustainable development services. As a global renewable energy solutions platform, it focuses on developing, financing, building, operating and owning renewable energy assets. With offices across North America, Asia and Europe, the company develops sustainable solutions that help achieve a zero carbon footprint and enable a smooth transition to a carbon-free economy worldwide. For more information on Finallyity Global, please visit: www.finally.global.
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. Connecting markets in the East and West, Nomura serves the needs of individuals, institutions, businesses and governments through its three business divisions: Retail, Wholesale (Global Markets and Bank investment) and investment management. Founded in 1925, the company is built on a tradition of disciplined entrepreneurship, providing clients with creative solutions and thought leadership. Nomura’s infrastructure and energy financing provides a diverse set of financing solutions to project owners worldwide. For more information about Nomura, visit www.nomura.com.
About Aozora Bank Group
Aozora Bank Group is a unique financial group that operates and expands its business domestically and globally. Our mission as finance professionals is to “contribute to the development of society through the creation of new value-added financial services” and, through the contribution to the well-being of all our stakeholders, including the environment, society, customers, shareholders and our employees seek to create social and economic value.
Aozora aims to realize the creation of new businesses, collaborating with regional financial institutions through Japan and a wide variety of business partners. In order to better serve its individual and corporate customers, Aozora relies on its expertise in group companies providing services such as overseas subsidiaries, Internet banking, loan services, securities, research institutes, investment funds, real estate investment advice, mergers and acquisitions advice and corporate investment. . For more information about Aozora, please visit: www.aozorabank.co.jp.