Asset and fund management
- Public-private renewable energy fund
- JAG Energy was selected by the Tokyo Metropolitan Government to manage a renewable energy fund in October 2014 as a public-private partnership. This fund is dedicated to renewable energy power generation projects. Ten billion yen (approximately 83.5 million US dollars) is planned to be invested in two sub-funds: one focused on projects within Tokyo and the other on surrounding areas (within Tokyo Electric Power Company (TEPCO) and the Tohoku Electric Power Co., Inc. service areas).
The fund has made its first investments (April 2015) in two companies operating solar photovoltaic projects developed by JAG Energy, the Ashigara-Oi SolarWay and the Gyoda SolarWay.
See the press release to find out more