GreenEnergy & Company Inc.
Notice regarding a joint venture with Kurasashi Co. Ltd. listed on the TSE Growth Market
As progress of the joint venture, the establishment of Limited Liability Company Cladashe Investment No. 2 and the signing of a silent partnership investment agreement. Co-development and operation of a domestic interconnection storage facility to be advanced. Impact on full-year consolidated results for 2027 is under review.
Key Figures
- Limited Liability Company Cladashe Investment No. 2 equity share: Cladashe 50.0%, Green Energy & Company 50.0％
- Establishment date: July 2026
- Silent partnership investment execution date: August 21, 2026 (planned)
AI要約
Overview of this matter
Today, the system-wide storage facility joint development and operation through Limited Liability Company Cladashe Investment No. 2 has formally started. The company will be jointly funded by Cladashe and Green Energy & Company at 50.0% each, and its main business will include installation, operation and maintenance of storage equipment, and balancing transactions. Establishment is planned for July 2026, with execution of the investment agreement and silent partnership investment scheduled for August 21, 2026. The impact on full-year consolidated results is under review, and if there is any additional disclosure, it will be announced accordingly.
Impact on shareholders and outlook
The joint venture aims to promote the adoption and expansion of domestic interconnection storage facilities, and will accelerate co-development and operation. Going forward, we will evaluate the profitability of the storage facilities based on their operating status and market supply-demand. The impact on consolidated results for the fiscal year ending April 2027 is being examined, and any additional disclosures will be promptly announced.
Green Energy & Company, Ltd.
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