GE Energy Financial Services Raises Largest* Solar Fund in Japan

GE Energy Financial Services Raises Largest* Solar Fund in Japan

“We are pleased to partner with DBJ and other leading Japanese institutional investors to create this new vehicle in Japan,” said David Nason, President & CEO, GE EFS. “This renewable energy infrastructure investing platform marries the energy investing and market expertise of GE EFS with strong local partners. It provides an important new source of capital to meet the energy needs of Japan with clean, renewable solar power.” GE EFS has been investing debt and equity into the global power industry for over 35 years. The company continues to make strategic investments that generate strong risk adjusted returns, address global infrastructure challenges and strategically align to GE’s customers. GE EFS will hold both General Partner interests, managed through a Japanese entity, GE EFS Energy Japan GK, and Limited Partner interests in the fund. GE solar inverter technology is widely used in the projects targeted to be put in the fund. DBJ will hold Limited Partner interests in the fund. DBJ has long been involved in the renewable energy sector and has recently been active in supporting the expansion of renewable energy by extending risk capital to numerous wind power, mega-solar, biomass and other projects inside and outside Japan. DBJ is poised to meet the growing financial needs of the renewable energy sector and provide institutional investors with long-term investment opportunities. Source / More: GE oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook ]]>

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