According to The Australian Financial Review, Shizen Energy Group, a Japanese renewables player that has developed 1.3 gigawatts of assets since its founding in 2011, is seeking backers for its first Australian bet.
Street Talk understands Shizen has acquired exclusivity over a 200-megawatt pipeline of solar assets in NSW and Victoria alongside development partner Bison Energy – another Japanese player that already has 14 projects in Australia. Now, Shizen wants an equity investor that could help it turn the early-stage project into saleable electricity. https://www.afr.com/street-talk/japan-s-shizen-energy-seeks-equity-backer-for-aussie-solar-play-20240421-p5flh5
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