Hudson Sustainable Group (HSG) has bought its photo voltaic PV portfolio to Tokyo-based Photo voltaic Schumann.
The transaction marks HSG’s second exit in Japan. The primary was in 2019, when Hudson Photo voltaic Japan acquired 33 photo voltaic PV tasks beneath the nation’s feed-in-tariff regime.
“This sale is the most recent instance of our international technique to create worth by figuring out and unlocking worth in sustainable infrastructure,” says Neil Auerbach, CEO of Hudson Sustainable Group.
“This disposition will permit us to focus our efforts on increasing Horizon Power KK, our capital-light renewable power firm devoted to serving prospects in search of to put money into the post-FIT renewable power market in Japan.”
