Overview

Operation entity Setouchi Future Creations LLC
Project site 4382-3 and others, Shirimi, Oku-cho, Setouchi City, Okayama Prefecture (Former Kinkai Salt Field)
Generated power Approximately 235 MW (DC)
Equity investors EFS Japan B.V.
Toyo Engineering Corporation
Chudenko Corporation
Kuni Umi Asset Management Co.Ltd.
Site owner Setouchi City
Construction start October 2014
Power generation start 2019 (Plan)
Total Project cost Approx. 110 billion yen

Structure

Structure

Stakeholders

EPC companies Solar-PV plant and transmission lines construction work: Toyo Engineering Corporation
Embankment reinforcement work: Shimizu Corporation
Power purchase Chugoku Electric Co.,Inc.
O&M company Chudenko Corporation
Developer and asset
management company
Kuni Umi Asset Management Co.Ltd.
Financial institutions
providing loans
28 financial institutions

About Setouchi Future Creations LLC

Company Information

Setouchi Future Creations LLC
Location of HQ 4382-3 Shirimi, Okucho, Setouchi-shi, Okayama
Senior Partner Kuni Umi Asset Management Co. Ltd.
Date of Foundation August 17, 2012
Website www.setouchimegasolar.com

Investors

GE Energy Financial Services (Parent Company of EFS Japan B.V.)
Location of HQ 800 Long Ridge Road Stamford, CT 06927 U.S.A.
Representative David Nason, President and CEO
Business Energy, Financial Services
Date of Foundation 2004
Capital 16 Billion JPN Yen (as of Dec. 31, 2013)
Toyo Engineering Corporation
Location of HQ 2-8-1, Akanehama, Narashino-shi, Chiba
Representative Kiyoshi Nakao, President & CEO
Business Engineering and construction for industrial facilities
Date of Foundation May 1,1961
Capital 18.1 Billion JPN Yen (as of Mar. 31, 2016)
Chudenko Corporation
Location of HQ 6-12, Koamicho, Naka-ku, Hiroshima-shi, Hiroshima
Representative Hirofumi Obata, President and Representative Director
Business Engineering and construction for electric facilities
Date of Foundation September 29, 1944
Capital 3.48 Billion JPN Yen (as of Mar. 31, 2016)
Kuni Umi Asset Management Co. Ltd.
Location of HQ 3rd Floor Nippon Oil Building, 3-4-2, Marunouchi, Chiyoda-ku, Tokyo
Representative Yasuyo Yamazaki, President & CEO
Business Power generation of renewable energy and ideal region development
Date of Foundation February 16, 2012
Capital 250 Million JPN Yen (as of April 1, 2017)