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Pattern Energy Contributes to Clean Energy Transition
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Wind - Vestas project update June - July 2021 - Renewable Energy Magazine, at the heart of clean energy journalism
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Vestas secures 113 MW wind order in Japan with customised tall tower solution
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Vestas picks up 113MW Japanese order
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PR Newswire
SAN FRANCISCO, Jan. 19, 2021 /PRNewswire/ Pattern Energy Group LP (Pattern Energy) today announced that it has closed financing of a $515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments. Pattern Energy s affiliate in Japan, Green Power Investment Corporation (GPI), will manage the fund and is also one of its largest investors. Investors in the fund comprise some of the largest and most respected financial institutions in Japan, including the Development Bank of Japan Inc., which will serve as the anchor investor.
The fund will invest in five renewable energy facilities that were developed, constructed and are now owned and operated by GPI, including Futtsu Solar, Kanagi Solar, Ohorayama Wind, Otsuki Wind, and Tsugaru Wind. The 122 MW Tsugaru Wind power facility is the largest operating wind farm in Japan.