Nozomi Energy, a Japan-focused renewables platform established by Actis, has acquired a major portfolio of 12 operational solar projects together with a Japanese co-investor, totaling 312 megawatts.
The transaction significantly increases Nozomi Energy’s portfolio, including assets in operation and under development, to approximately 750 megawatts, of which more than 400 megawatts is operational. After 18 months of operation, the platform launched by Actis in May 2023 is on track to achieve its target of a 1.1 gigawatts solar, onshore wind and battery energy storage system (BESS) portfolio by 2027.
The newly acquired portfolio consists entirely of operational solar power plants ranging in size from 1 megawatt to more than 60 megawatts. Nine of the projects are based in Japan’s central and economically dynamic Kanto areas, with the remaining projects in Tohoku, Chubu and Kyushu. All of these solar power plants benefit from modern designs and began commercial operati
