Pacifico Energy has completed acquisitions of the 12.3MW Yanai and 23.9MW Yuza dc solar power plants in Japan through its first solar investment fund.
With the acquisition of these two projects this first solar investment fund is now fully invested with total assets under management of 14.2 billion yen. The Fund acquired its first power plant in December last year.
Pacifico president Nate Franklin said: “We are extremely pleased to announce the completion of all asset acquisitions into our first solar fund.
“We are planning a second fund this year and looking forward to partnering with investors to continue building renewable energy platforms.”
Source: Company Press Release