Nomura Real Estate Development will acquire four 2MW/8MWh projects to directly enter into grid-scale battery storage, its parent Nomura Real Estate Holdings announced on November 12, 2026.
According to the statement, the first asset will be in Iwaki City, Fukushima Prefecture, and is expected to be commissioned in December 2026. Facilities in Saitama, Gunma, and Shizuoka prefectures are scheduled to follow in January, April, and May 2027, respectively.
Mizuho Securities serves as an advisor on the acquisitions. Blue Sky Energy is in charge of the projects’ engineering, procurement, and construction (EPC).
The real estate company previously invested in six grid-scale battery storage projects totaling 174MW through a consortium led by Tokyu Land and including several other domestic investors. It said it plans to use the four acquired facilities to build operating know-how and consider further expansion of its portfolio in the future, including with extra high-voltage assets.
Nomura Real Estate Development has also been active in renewable energy, agreeing to co-invest with Clean Energy Connect and Mitsubishi HC Capital Energy in solar power plants to be used for PPAs supplying the group.
