Macquarie, Maeda link for Japan RE

The two partners hope to develop 300MW of large-scale solar within three years

The two partners hope to develop 300MW of large-scale solar within three years

Australian finance house Macquarie Capital and Japanese engineering group Maeda are planning a joint venture to push forward large-scale renewable generation projects in Japan.

The two partners said the JV – which they hope to formally launch by the end of the year – will at first focus on utility-scale solar projects, with an initial target of developing 300MW of capacity within three years.

Later Macquarie and Maeda plan to broaden its scope to encompass wind power development, as well as general infrastructure projects such as roads and airports.

The pair said they will use their respective expertise to cover the full project lifecycle through design, financing, EPC, operations and maintenance, and divestment. A special Log in to read complete article.

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