Solar Frontier Will Sell First Solar Plant to MUTB Trust Account

(Bloomberg) — Solar Frontier K.K., a unit of Showa Shell
Sekiyu K.K., will sell a 2-megawatt solar power station to a
trust account managed by Mitsubishi UFJ Trust & Banking Corp.

The Kunitomi plant in Kagoshima prefecture was Solar
Frontier’s first owned-and-operated solar station, running since
March 2013, the Tokyo-based company said in a statement Monday.

Solar Frontier will continue to provide operational and
maintenance services for the plant, according to the statement.

To contact the reporter on this story:
Chisaki Watanabe in Tokyo at

To contact the editors responsible for this story:
Reed Landberg at
Iain Wilson, Indranil Ghosh

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us