Structure
In accordance with its Articles of Incorporation, Ichigo Green invests primarily in renewable energy power plants. Currently, these are all solar power plants, which we lease in return for a base fee plus a performance-linked fee comprised of revenue from electric power sales, minus administrative and operational expenses.
Ichigo Green regularly monitors the financial standing of leaseholders as well as operational status of renewable energy power plants, and has the right to terminate and re-execute lease agreements in the case of certain events such as a deterioration of the financial standing of leaseholders.
A Special Purpose Company (SPC) As Leaseholder To The Renewable Energy Power Plant
At most of our plants, the leaseholders are SPCs, which are separate legal entities, distancing Ichigo Green in the rare case of a bankruptcy.
(Applies to 14 of the 15 acquired power plants, excluding Ichigo Takamatsu Kokubunjicho Arai)
Ichigo ECO Energy As Leaseholder To The Renewable Energy Power Plant
(Only for Ichigo Takamatsu Kokubunjicho Arai)