News
02 July 2025

RENOVA completes project finance for Japanese battery

In:
Power
Region:
Asia-Pacific

RENOVA has closed project financing for the 30MW R3 Energy Storage Facility in Ishikari, Hokkaido, following an off-take agreement with Tokyo Gas.The JPY5 billion ($35 million) financing was arranged by MUFG Bank. R3 Energy Storage Facility G.K. will be operated under a 20-year fixed-price off-take...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
28 November 2025

What TxDOT’s SH288 buy-back means for US road P3s

Texas terminated the small but lucrative SH288 concession and has refinanced it with state-backed bonds. The saga shows that sponsors need to be alert to being surprised on...

Perspective
28 November 2025

Sizewell C: Adapting RAB to new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...