Growth policy
External Growth Strategy
Operational Start Year and Status of Sponsor Portfolio Assets
Target to achieve ¥200 Bn in asset size in the medium term by mainly acquiring assets from abundant sponsor pipeline
Abundant Pipeline Centered on Sponsor-Developed Assets Assisting CSIF’s Growth
as of June 30, 2023:excluding the five properties acquired through the 3rd public offering
Enterprising assets acquisition from third parties
While we focus on acquiring solar energy projects from our Sponsor pipeline, we aim to diversify our acquisition opportunities not only by utilizing bridge funds but also by securing acquisition routes from third parties with Asset Manager’s network.
Initiatives for Internal Growth
Tracking information disclosure and expansion of demand for renewable energy
- In light of the rapidly increasing awareness of global efforts towards carbon neutrality amongst Japanese electricity consumers, CSIF will grant access to tracking information (key information on renewable Power Plant as specified in the FIT Non-Fossil Certificate) of CS Daisen-cho Power Plant (A), Daisen-cho Power Plant (B), and CS Marumori-machi Power Plant for electricity consumers.
- At the Electricity and Gas Strategic Policy Subcommittee held in December 2022, a proposal to raise the minimum price of renewable energy traded in the Non-Fossil Value Trading Market has been submitted for panel review. CSIF believes that the need for renewable energy trading is rising amongst consumers.
New Specific Wholesale contracts with Retail Electricity provider
- For the following Power Plants, CSIF has reviewed the existing specific wholesale contracts for premium electricity sales and concluded new specific wholesale contracts for renewable electricity and with retail electricity providers in April 2023 and June 2023.
- CSIF believes that it will contribute to the spread of renewable energy and at the same time, contribute to the realization of internal growth through the recording of additional rental income.
Power Plant | Renewal Period/ Termination of contract |
Contract Date | Scheduled Start Date of Specific Wholesale |
---|---|---|---|
CS Hiji-machi Dai-ni PP | Renewal for 1 year after 2 years |
April 24, 2023 | July 1, 2023 |
CS Mashiki-machi PP | June 30, 2023 | September 1, 2023 | |
CS Izu-shi PP | June 30, 2023 | September 1, 2023 | |
CS Ogawara-machi PP | June 30, 2023 | September 1, 2023 |