Sale of solar PV portfolio marks significant milestone for
HSG and Solar Schumann; underscores HSG's commitment
to advancing renewable energy initiatives in Japan and beyond.
TOKYO, July 29,
2024 /PRNewswire/ -- Hudson Sustainable Group (HSG),
a global sustainability investment firm, under its subsidiary
Hudson Solar Japan, today announced the sale of its solar PV
portfolio to Tokyo-based Solar
Schumann GK (Solar Schumann). The transaction
illustrates HSG's ability to assemble curated portfolios of
renewable energy assets that attract the interest of world class
institutional investors and marks HSG's second successful exit in
Japan. In 2019, Hudson Solar Japan
acquired 33 solar PV projects under Japan's feed-in-tariff regime, solidifying
Hudson Solar Japan's position as a key player in the country's
energy transition market.
"This sale is the latest example of our global strategy to
create value by identifying and unlocking value in sustainable
infrastructure," said Neil Auerbach,
Chief Executive Officer, Hudson Sustainable Group. "This
disposition will allow us to focus our efforts on expanding Horizon
Energy KK, our capital-light renewable energy company dedicated to
serving customers seeking to invest in the post-FIT renewable
energy market in Japan."
"We are pleased Solar Schumann recognized the value of the
geographically diversified solar portfolio that we assembled," said
Jonathan Lee, HSG Partner. "Mizuho
Securities is renowned for its expertise in identifying and
securing high-quality assets on behalf of its esteemed investment
clients such as Solar Schumann."
Hiroki Ishii of Mizuho
Securities, who supported the fundraise, added: "We were impressed
by Hudson's strategic foresight
and operational acumen demonstrated throughout this transaction and
eagerly anticipate future collaboration with Hudson and its affiliate companies including
Horizon Energy KK on other opportunities of mutual interest."
For further inquiries, please contact Jonathan Lee at
jonathan.lee@hudsonsustainable.com.
About Hudson Sustainable Group: Based in Miami, USA
and with offices in Tokyo, Japan,
Hudson Sustainable Group is a leading renewable energy firm
specializing in the acquisition, development, and management of
sustainable energy assets globally. Committed to driving positive
environmental impact while delivering attractive returns to its
stakeholders, Hudson Sustainable Group is at the forefront of the
transition to a more sustainable energy future.
About Solar Schumann : Solar Schumann is an
asset management company based in Tokyo,
Japan, specializing in the management of solar PV assets
throughout Japan.
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SOURCE Hudson Sustainable Group