Project Financing for Japanese Solar PV Assets

  • Platform: Gestamp Solar (rebranded to X-Elio)
  • Counterparty: Deutsche Bank
  • Geography: Japan
  • Amount: JPY 11 Bn non-recourse facility (c. $100 M)
  • Management Team Role: At the time, relevant VFC members were employed at Gestamp Solar and were responsible for structuring the project finance for Gestamp Solar’s Fukuroda project (first in a series of financings with Deutsche Bank). Landmark transaction as the largest non-recourse solar financing in Japan at the time.