Shinsei Trust & Banking Co. will provide non-recourse loans to group unit JAG International Energy so it can complete three solar projects in Tochigi prefecture, north of Tokyo, and Oita prefecture, southern Japan.
Goldman Sachs will act as lead arranger, JAG said in an online statement. A JAG spokesperson told Recharge that a “domestic company” would supply PV modules for the projects, but declined to elaborate.
Tokyo-based
