Domestic Issuance List
The first green loan in Japan was executed in 2017. The following are major execution cases in Japan.
Major Green Loan Execution Cases in Japan
Year | Loan Recipient | Time of Loan Execution | Use of proceeds | Yen (100 million) |
---|---|---|---|---|
2017 | Canadian Solar Infrastructure Fund, Inc. | October 31, 2017 |
renewable energy | 157 |
2018 | United Urban Investment Corporation | September 28, 2018 |
green building | 100 |
Japan Excellent, Inc. | September 28, 2018 |
green building | 20 | |
Nippon Yusen Kabushiki Kaisha | December 27, 2018 |
used for building a chemical tanker fueled by methanol | 20 | |
2019 | United Urban Investment Corporation | March 29, 2019 |
green building | 45 |
Nagoya Railroad Co., Ltd. | March 29, 2019 |
green building | 10 | |
Nippon Yusen Kabushiki Kaisha | March 29, 2019 |
scrubber installation | 90 | |
Nissenn Kaiun | June 26, 2019 |
clean transportation | 28 | |
Renewable Japan Co., Ltd. | June 28, 2019 |
renewable energy | 17.1 | |
Sumitomo Mitsui Trust Bank, Limited | July 25, 2019 |
green building | 30 | |
Fukuoka REIT Corporation | July 31, 2019 |
green building | 22 | |
ENOMOTO Co.,Ltd. | September 1, 2019 |
research & development and establishment of a production line of gas diffusion layer-integrated metallic separator, a major component of hydrogen fuel cell | 5 | |
Tokyu Land Capital Management Inc. | September 27, 2019 |
renewable energy | 10 | |
Mitsubishi Electric Credit Corporation | September 30, 2019 |
renewable energy | 20 | |
AEON REIT Investment Corporation | October 21, 2019 |
green building | 33 | |
Renewable Japan Co., Ltd. | November 29, 2019 |
renewable energy | 31 | |
SOSiLA Logistics REIT, Inc. | December 10, 2019 |
green building | 21 | |
SOSiLA Logistics REIT, Inc. | December 10, 2019 |
green building | 68 | |
SOSiLA Logistics REIT, Inc. | December 10, 2019 |
green building | 91 | |
SOSiLA Logistics REIT, Inc. | December 10, 2019 |
green building | 80 | |
SOSiLA Logistics REIT, Inc. | December 10, 2019 |
green building | 35 | |
Renewable Japan Co., Ltd. | December 18, 2019 |
renewable energy | 16 | |
2020 | ARUHI Corporation | January 28, 2020 |
housing loan for energy-efficient housing | 30 |
RYOBI LIMITED | January 31, 2020 |
capital used for manufacturing asset investment that improves eco-efficiency. | 130 | |
DREAM Private REIT Inc. | January 31, 2020 |
green building | 20 | |
Japan Infrastructure Fund Investment Corporation | February 21, 2020 |
renewable energy | 49.1 | |
Daiwa Energy & Infrastructure Co. Ltd. | March 27, 2020 |
renewable energy | 22 | |
Daiwa Energy & Infrastructure Co. Ltd. | March 30, 2020 |
renewable energy | 30 | |
M&C Tottori Hydropower | July 31, 2020 |
renewable energy | 156.93 | |
Renewable Japan Co., Ltd. | August 31, 2020 |
renewable energy | 50 | |
SOSiLA Logistics REIT, Inc. | December 10, 2020 |
green building | 21 | |
SOSiLA Logistics REIT, Inc. | December 4, 2020 |
green building | 48.5 | |
SOSiLA Logistics REIT, Inc. | December 4, 2020 |
green building | 48.5 | |
WEST ENERGY SOLUTION INC. | December 16, 2020 |
Capital for purchasing existing solar power facilities, etc. | 200 | |
2021 | Shindengen Electric Manufacturing Co., Ltd. | January 25, 2021 |
green building | 50 |
Hudson Sustainable Investment Management LLC | January, 2021 |
Refinancing funds for the acquisition of solar power generation equipment | 10 | |
IINO KAIUN KAISHA, LTD. | February 10, 2021 |
green building | 15 | |
Renewable Japan Co., Ltd. | February 12, 2021 |
renewable energy | 92 | |
Canadian Solar Infrastructure Fund, Inc. | March 1, 2021 |
Funds for acquisition of solar power generation equipment | 170 | |
Nexyz.Zero Corporation | March 25, 2021 |
Funds for acquisition of new leased property (LED lighting) | 32 | |
Project GKs for the Kasama Site in Ibaraki Prefecture, the Kurusu Site in Ibaraki Prefecture, and the Suzuhari Site in Hiroshima Prefecture | March 24, 2021 |
Refinancing and new construction capital for the development of solar power generation facilities | 56.2 | |
Renewable Japan Co., Ltd. | March 26, 2021 |
Funds for acquisition of solar power plants | 37.0 | |
TBM | March 1, 2021 |
Funds for construction of a factory in Tagajo City, Miyagi Prefecture and funds for purchasing equipment used in the factory | 24.0 | |
Yuzukami-kita Solar Energy GK | March 1, 2021 |
Funding for the construction of the Yuzukami Solar Energy Solar Power Plant (Otawara City, Tochigi Prefecture) | 138.51 | |
Daiki Axis Sustainable Power Co., Ltd. (Formerly Sylphid Inc.) | May 31, 2021 |
Solar power generation business and small wind power generation business (assets transferred from parent company Daiki Axis Co., Ltd.) | 10.0 | |
Renewable Japan Co., Ltd. | May 31, 2021 |
Solar power generation business | 31.0 | |
Minamiaso Yunotani Chinetsu (Geothermal) | June 1, 2021 |
Funding for the construction of the Minamiaso-Yunotani Geothermal Power Plant (Minamiaso-mura, Aso-gun, Kumamoto Prefecture) | 32.0 | |
Japan Pallet Rental Corporation | July 30, 2021 |
All funds used to purchase pallets | 4.0 | |
Solar Power Generation Project in Miyako Town, Fukuoka Prefecture (Project GK) | July 12, 2021 |
Refinancing and new construction financing for the development of solar power generation facilities | 26.3 | |
Tosei Corporation | July 30, 2021 |
Funds for land acquisition and construction for logistics facilities | Not disclosed | |
CRE Logistics REIT,Inc. | July, 2021 |
To be used for acquisition of green buildings or repayment/redemption of borrowings (including green loans) and investment corporation bonds (including green bonds) required for such acquisitions | 42.74 | |
A.D.Works Group Co., Ltd. | August 18, 2021 |
Funds to be used for development of green buildings | 5.0 | |
IINO KAIUN KAISHA, LTD. | August 31, 2021 |
Refinancing of green building construction project costs | 57.6 | |
Japan Logistics Fund, Inc | August 31, 2021 |
Funds (including refinancing) required to acquire properties that meet the "qualified criteria" stipulated in the Green Finance Framework or to carry out renovation work, etc. | 30.0 | |
Tohoku Electric Power Company, Incorporated | August, 2021 |
Construction costs for the Tamagawa No. 2 hydroelectric power plant to be developed by Tohoku Shizen Energy, a Group company | Not disclosed | |
Shindengen Electric Manufacturing Co., Ltd. | August, 2021 |
green building | 50.0 | |
Daiwa House REIT Investment Corporation | September, 2021 |
Funds for the acquisition of logistics facilities that meet the requirements for Green Qualified Assets | 105.0 | |
Mitsubishi Estate Logistics REIT Investment Corporation | September, 2021 |
Funds to be used entirely for refinancing of acquisition funds for green-qualified assets | 7.2 | |
CRE Logistics REIT,Inc. | September, 2021 |
To be used for acquisition of green buildings or repayment/redemption of borrowings (including green loans) and investment corporation bonds (including green bonds) required for such acquisitions | 75.00 | |
New Japan Chemical Co.,Ltd. | September, 2021 |
Funds for the construction of the Kyoto R&D Center, a research facility. | 30.0 | |
Renewable Japan Co., Ltd. | September, 2021 |
Solar power generation business | 5.0 | |
DREAM Private REIT Inc. | September, 2021 |
Principal repayment funds for existing loans related to the acquisition costs of PUZZLE GINZA, which has been certified as an environmentally friendly building | Not disclosed | |
TRIBAY CAPITAL | September, 2021 |
Construction funds for solar power generation facilities, etc. | 5.3 | |
AOHONG CHEMICAL JAPAN | September, 2021 |
Capital for regeneration of CFC substitutes and new production of CFCs with less environmental impact | 3.5 | |
Vehicle Energy Japan Inc. | September, 2021 |
Funds for the construction of factories and machinery and equipment for the development and manufacture of lithium-ion batteries, and funds for refinancing | 29.0 | |
Tokyu Land Capital Management Inc. | September, 2021 |
Solar power generation business | 52.0 | |
Moriyama City | September, 2021 |
Funds for the construction of "the New Environmental Center", a waste treatment facility. | 27.987 | |
Fukuoka Miyako Solar Power Godo Kaisha (合同会社福岡みやこソーラーパワー) |
September, 2021 |
Solar power generation business | 183.4 | |
Tohoku Electric Power Co.,Inc. | October, 2021 |
Appropriated for the cost of aging countermeasure work currently underway at the Chojahara Power Plant operated by Tohoku Sustainable & Renewable Energy Co.Inc., a Group company. | Not disclosed | |
J-Value Trust (ジェイバリュー信託) |
November, 2021 |
Development and construction costs for woody biomass power generation facilities | 25.0 | |
OTS (合同会社OTS) |
November, 2021 |
Funds to be used entirely for the development of a new solar power plant | 1.49 | |
NIPPON ACCOMMODATIONS FUND INC. | November, 2021 |
Used to repay loans required for the acquisition of Park Axis Toyosu, a Green Qualified Asset (including loans from subsequent refinancing). | 10.00 | |
NIPPON ACCOMMODATIONS FUND INC. | November, 2021 |
10.00 | ||
TAKARA LEBEN INFRASTRUCTURE FUND, INC | December, 2021 |
Funds for acquiring equipment for 4 solar power plants, etc. | Not disclosed | |
AC7 (AC7合同会社) |
December, 2021 |
Allocated to construction funds for Fukushima West solar power generation project, etc. | Not disclosed | |
Vena Energy | December, 2021 |
Construction funds, etc. for the Nakazato wind power project | 144.78 | |
2022 | Renewable Japan Co., Ltd. | January, 2022 |
Solar power generation business | 10.00 |
Takara Leben Co.,Ltd. | January, 2022 |
Funds for acquisition of renewable energy power generation facilities | 38.00 | |
CRE Logistics REIT,Inc. | January, 2022 |
To be used for acquisition of green buildings or repayment/redemption of borrowings (including green loans) and investment corporation bonds (including green bonds) required for such acquisitions | 36.80 | |
Lightyear Special Purpose Company (ライトイヤー特定目的会社) |
February, 2022 |
Refinancing of green building acquisitions | 1,134.00 | |
Vena Energy Japan K.K. | February, 2022 |
Construction and operation of the Shichinohe 9 solar power plant and the Aomori 2 solar power plant | 107.00 | |
Hulic Reit, Inc. | February, 2022 |
Funds for new acquisitions of green-eligible assets (including refinancing of acquisition funds) and funds for renovation work, etc. | 15.00 | |
Misaki Megumi Suisan co.,ltd. | February, 2022 |
Used to install energy-efficient natural refrigerant equipment | Not disclosed | |
Ichigo Inc. | February, 2022 |
Refinancing of the construction of Ichigo Yonezawa Itaya ECO Power Plant | 30.00 | |
MITSUBISHI ESTATE LOGISTICS REIT INVESTMENT CORP. | March, 2022 |
Acquisition costs, etc. of real estate trust beneficiary rights backed by LogiPort Kawasaki Bay (Kawasaki City, Kanagawa Prefecture) and LogiCross Atsugi II (Atsugi City, Kanagawa Prefecture) | 85.00 | |
ADD Co.,Ltd | March, 2022 |
Funds for construction of renewable energy generation facilities, development and improvement of ultra-low temperature freezers | 1.00 | |
Kaze no Mori Ishikari(風の杜いしかり) (wholly owned subsidiary of Community Wind Power) |
March, 2022 |
Wind power plant (Location: Ishikari City, Hokkaido) | 8.55 | |
Mitsubishi Electric Credit Corporation | March, 2022 |
Refinancing and new financing for investments and loans to businesses that own and develop renewable energy facilities such as solar power generation facilities, which are specified assets that meet the "qualifying criteria" set forth in the Green Finance Framework established by Mitsubishi Electric Credit Corporation. | 18.00 | |
Ichimasa Kamaboko Co., Ltd. | March, 2022 |
Used to fund facilities for the second plant under construction, which is expected to improve production efficiency by consolidating production bases and reduce fuel consumption by introducing new facilities | 35.00 | |
Broadia Private REIT, Inc. | March, 2022 |
Funds for the acquisition of Jimbocho Kita Tokyu Building, a specified asset that meets the "Qualifying Criteria for Green Finance Investment" as defined in the Green Finance Framework established by BPR. | 5.00 | |
Japan Prime Realty Investment Corporation | March, 2022 |
Used to repay borrowings required for the acquisition of the Rise Arena Building, a green-qualified asset. | 10.00 | |
Tohoku Electric Power Co., Inc. | March, 2022 |
Renovation of Shin-Noshiro Wind Power Station | Not disclosed | |
SHIKOKU CHEMICALS CORPORATION | March, 2022 |
Funds for acquisition of solar power generation equipment | Not disclosed | |
RESOL NO MORI Co., Ltd. | March, 2022 |
Used for "Local Production for Local Consumption Energy System” | 3.30 | |
Kanazawa Energy Co., Ltd. | March, 2022 |
5 hydroelectric power plants (Location: Kanazawa City, Ishikawa Prefecture) | 50.00 | |
SOSiLA Logistics REIT, Inc. | March, 2022 |
Used to finance the acquisition of green-qualified assets with external environmental certifications | 47.50 | |
DREAM Private REIT Inc. | October, 2021~March, 2022 |
Refinancing of borrowings at the time of acquisition of Kobe Minato Warehouse and SG Realty Maishima, which are environmentally certified properties | Not disclosed | |
DREAM Private REIT Inc. | October, 2021~March, 2022 |
Refinancing of borrowings at the time of acquisition of Kobe Minato Warehouse and SG Realty Maishima, which are environmentally certified properties | Not disclosed | |
Renewable Japan Co.,Ltd. | April, 2022 |
Funds for acquisition of solar power generation equipment | 7.00 | |
Ichigo Inc.(Ichigo ECO Energy) | March, 2022 |
To finance the construction of 15 solar power plants, 14 of which are already in operation and one new plant. | 37.20 | |
JX Metals Circular Solutions Europe GmbH (Subsidiary of JX Nippon Mining & Metals Corporation) |
April, 2022 |
Investment in equipment for research and development related to the recycling of automotive lithium-ion batteries | 12.15 | |
Tohoku Electric Power Co., Inc. | April, 2022 |
Used for construction costs of the Tamagawa No. 2 Hydroelectric Power Plant to be developed by Group company Tohoku Sustainable & Renewable Energy Co.Inc. | Not disclosed | |
Soma Clean Energy | April, 2022 |
Used to fund the development of two solar power plants in Minamisoma, Fukushima Prefecture | 7.50 | |
HOSHINO RESORTS REIT, INC. | April, 2022 |
Repayment of debt for acquisition of green-qualified properties | 39.00 | |
SANYO OIL Co., Ltd. | May, 2022 |
Funds for construction of bunker ships using biofuels | 1.00 | |
Daiwa Office Investment Corporation | May, 2022 |
Used to finance the acquisition of green buildings that meet the qualifying criteria or to refinance the same | 40.00 | |
Heisei Electric Co. (平成エレクトリック) |
May, 2022 |
Funds for acquisition of solar power generation facilities, etc. | 1.60 | |
Sagamihara Biogas Power Co. (さがみはらバイオガスパワー) |
May, 2022 |
Used to finance the construction of the Sagamihara Biogas Power Plant, which will use methane fermentation biogas derived from food waste as fuel. | Not disclosed | |
RIC Chuo Kouro LLC (合同会社 RIC中心高楼) |
May, 2022 |
Renewal of air conditioning and cold/heated water circulation equipment and conversion to LED lighting, which contribute to energy conservation | 2.34 | |
Natural Energy Partners Photovoltaic Power Generation a LLC (ナチュラルエナジーパートナーズ太陽光発電 a 合同会社) |
May, 2022 |
Funds for acquisition of solar power generation facilities, etc. | 40.00 | |
Nasushiobara City | May, 2022 |
To be used for the smart lighting project in Nasushiobara City and the installation of streetlights with integrated solar panels. | 0.9 | |
DIC | May, 2022 |
Investment in renewable energy facilities (solar power, biomass) | Not disclosed | |
Vena Energy | June, 2022 |
Funds for construction of Kisarazu Shimogori Solar Power Plant (26MW) | 85.4 | |
Abashiri Biomass No. 2 Power Plant LLC (合同会社網走バイオマス第2発電所) |
June, 2022 |
Development and Construction of Abashiri Biomass No. 2 Power Plant | 57 | |
Abashiri Biomass No. 3 Power Plant LLC (合同会社網走バイオマス第3発電所) |
June, 2022 |
Development and Construction of Abashiri Biomass No. 3 Power Plant | 54 | |
Japan Pallet Rental Corporation | June, 2022 |
Used to purchase plastic rental pallets that contribute to the creation of a recycling-oriented society | 4 | |
Hokuriku Electric Power Company | June, 2022 |
Refinancing for expenditures related to the operation and maintenance of 24 hydroelectric power plants (Toyama, Ishikawa and Fukui prefectures) | 20 | |
BPS Ikoma (BPS いこま) |
June, 2022 |
Funds for construction of wood biomass power generation facilities | 45.62 | |
GSSG Solar Japan Holdings 3a LLC GSSG Solar Japan Holdings 4a LLC |
June, 2022 |
Used for construction of Manago I, II and III solar power generation projects (Tochigi City and Kanuma City, Tochigi Prefecture), etc. | 230 | |
Frontier Real Estate Investment Corporation | June, 2022 |
Used to refinance the acquisition of Ikebukuro Square, a green-qualified asset | 15 | |
Mitsubishi Logistics Corporation | June, 2022 |
Used to refinance the acquisition of GRAND FRONT OSAKA , a green-qualified asset | 80 | |
Kenso (ケンソー) |
June, 2022 |
Used for purchase of solar power generation equipment (Kisarazu City, Chiba Prefecture) | 4.8 | |
Daiwa Securities Logistics Private Investment Corporation | June, 2022 |
Funds for acquisition of Hiratsuka Ojin Logistics Center (Green Project) | Not disclosed | |
Nikon Corporation | July, 2022 |
Used for construction costs of green-qualified property (new headquarters building) | 100 | |
TAIHO Techno Plant (大邦テクノプラント) |
July, 2022 |
Introduction of solar power generation equipment | 0.7 | |
Suzuki Shokai (鈴木商会) |
July, 2022 |
Used for the "Ocean Recycling Promotion Project (Tomakomai plastic factory new construction)". | 2.2 | |
CRE Logistics REIT, Inc. | July, 2022 |
Used to repay existing debt incurred for green building | 12 | |
Rengo Co., Ltd. | July, 2022 |
Investments in biomass boilers and RPF production facilities and a cellulose particulate plant, a 100% biodegradable material derived from wood | 50 |
- As of August 1, 2022
- * This database is not screened by the Ministry of the Environment and is compiled based on the labeling declared by issuers and financial institutions.