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), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.

Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
Sign up for our free weekly newsletter →

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