PATRIZIA and Mitsui & Co., one of the largest trading and investment companies in the world, have confirmed that Toho Gas will join as a strategic co-investor in YES Group, a vertically integrated renewable-energy company with a diversified Australian portfolio of small- to mid-scale solar generation and battery storage assets.
The investment is structured as a co-investment alongside the APAC Sustainable Infrastructure Fund (A-SIF), a joint venture between PATRIZIA and Mitsui.
Although PATRIZIA and YES Group have worked together since September 2020, this co-investment represents a new relationship between PATRIZIA and Toho Gas. The companies said it broadens PATRIZIA’s Japanese investor base and reflects the growing alignment between European-headquartered real assets managers and Asian strategic investors in supporting the energy transition across the Asia Pacific region.
YES Group is a vertically integrated energy solutions provider with a key position
