09/12/2022

Pattern Energy secures financing for Japanese offshore wind farm

Pattern Energy’s Ishikari Wind project under construction in Ishikari Bay in Hokkaido, Japan (All Images: Pattern Energy)

The 112 MW Ishikari Offshore Wind project will also feature a battery.

Official Press Release Pattern Energy:

Pattern Energy Closes Financing of Japan’s Largest Offshore Wind Power and Storage Project

Full construction begins on Ishikari Offshore Wind with first installation of an 8 MW offshore wind turbine in Japan

Pattern Energy Group LP (Pattern Energy) and its affiliate in Japan, Green Power Investment Corporation (GPI), announced it has completed financing and begun full construction of its 112 megawatt (MW) Ishikari Offshore Wind project, located approximately three kilometers from the shore of the Ishikari Bay in Hokkaido, Japan. Ishikari Wind will feature a battery storage component with 100 MW x 180 MWh of capacity. The financing facility was jointly arranged by MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, Limited, Mizuho Bank, Ltd., Development Bank of Japan Inc., Societe Generale, and Shinsei Bank,... ... More: Official Press Release Pattern Energy