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Japan Asia’s Project-Finance Loan For Five Solar Stations

Japan Asia’s Project-Finance Loan For Five Solar Stations

Japan Asia Group Ltd., a Tokyo based brokerage and aerial surveyor, got a 1.6 billion yen ($17 million) loan from Shinsei Bank Ltd. and Mitsubishi UFJ Lease & Finance Company Ltd. for Solar Projects.

The Japan Asia’s Project-Finance Loan For Five Solar Stations is for the building of plants on the northern island of Hokkaido, the company said in a statement yesterday.

The five plants will have a combined capacity of 5.5 megawatts, according to Japan Asia, which has been successfully developing solar projects in both Europe and Japan.

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