[Solar: Q.ENEST secures JPY 9bn loan for 80MW distributed PV portfolio in Japan]

Published: May 14, 2026 17:35

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Q.ENEST Holdings has completed a JPY 9 billion syndicated loan arranged by SMBC to fund an 80MW portfolio of low-voltage distributed PV assets across Japan. The financing was structured through an SPC and will be drawn down in stages over around one year as assets are acquired, with the first drawdown covering existing plants. Q.ENEST Denki, the group’s retail power unit, will act as the offtaker, supplying fixed-price green electricity to residential and corporate customers. The deal highlights growing financing interest in Japan’s distributed PV assets, supported by integrated generation, retail offtake and hedging models.

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