EnBio Holdings, a publicly traded company engaged in environmental business including renewable asset development, signed a 1.3 billion yen loan commitment with a syndicate arranged by Mizuho Bank. Sumitomo Mitsui Bank, MUFG Bank, and Resona Bank will also fund the loan.
According to a statement issued on February 25, 2025, when the agreement was executed, EnBio Holdings will use the funds to cover solar project development, construction, operating, and renovation costs.
EnBio Holdings’ website shows the group owned 40 solar power plants totaling about 45MWDC as of 2023 with more having been commissioned since then. Recently, it has been focusing on developing multi-megawatt-scale solar power plants on logistics facilities’ rooftops. Among others, its group companies commissioned a 3.17MWDC asset at LogiSquare Fujimino A in November 2024 and a 4.3MWDC asset at LogiSquare Kyotanabe A in February 2025.
The company’s mid-term plan is aiming for the group’s total renewable asset capacity to reach 100MW by the end of March 2027.
