Shinsei Bank has arranged ¥6.4bn ($62.7m) of project financing for a 16.7MW solar project in southern Japan. A unit of Spanish developer X-Elio Energy — formerly Gestamp Solar — expects to start generating electricity at the site in Hayato, Kagoshima prefecture, by January 2018. It did not disclose the feed-in tariff rate at which the project will be built. Madrid-based X-Elio Energy, renamed after Kohlberg Kravis Roberts acquired an 80% stake in Gestamp, has developed 12 solar projects in nine countries.
Solar Power Deals and Company News
Deals and company news from the global solar sector this week
20 June 2016 11:49 GMT
Updated
27 June 2016 8:46 GMT
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