Hudson Sustainable Group Announces Sale of Solar Portfolio to Solar Schumann

(MENAFN- PR Newswire) The sale of the photovoltaic portfolio marks an important milestone for HSG and Solar Schumann, underlining HSG’s commitment to promoting renewable energy initiatives in Japan and abroad.

TOKYO, July 29, 2024 /PRNewswire/ — Hudson Sustainable Group (HSG), a global sustainability investment firm operating under its subsidiary Hudson Solar Japan, today announced the sale of its solar portfolio to Tokyo-based Solar Schumann GK (Solar Schumann). The transaction illustrates
HSG’s ability to build carefully curated portfolios of renewable energy assets that attract interest from world-class institutional investors marks HSG’s second successful exit in Japan. In 2019, Hudson Solar Japan acquired 33 solar projects under Japan’s feed-in tariff system, solidifying Hudson Solar Japan’s position as a key player in the country’s energy transition.

“This sale is the latest example of our global strategy to create value by identifying and unlocking value in sustainable infrastructure,” said Neil Auerbach, CEO of Hudson Sustainable Group. “This disposition will allow us to focus our efforts on expanding Horizon Energy KK, our small-cap renewable energy company dedicated to serving clients looking to invest in the post-FIT renewable energy market in Japan.”

“We are pleased that Solar Schumann has recognized the value of the geographically diversified solar portfolio we have assembled,” said Jonathan Lee, Partner at HSG. “Mizuho Securities is known for its expertise in identifying and securing high-quality assets on behalf of its respected investment clients, such as Solar Schumann.”

Hiroki Ishii of Mizuho Securities, which supported the fundraising, added: “We were impressed by the strategic foresight and operational acumen Hudson demonstrated in this transaction and look forward to future collaboration with Hudson and its subsidiaries, including Horizon Energy KK, on ​​other opportunities of mutual interest.”

If you have further questions, please contact Jonathan Lee at (email protected).

About Hudson Sustainable Group: Hudson Sustainable Group, headquartered in Miami, USA with offices in Tokyo, Japan, is a leading renewable energy company specializing in acquiring, developing and managing sustainable energy assets worldwide. Committed to making a positive impact on the environment while delivering attractive returns to its stakeholders, Hudson Sustainable Group is at the forefront of the transition to a more sustainable energy future.

ABOUT Solar Schumann : Solar Schumann is an asset management company headquartered in Tokyo, Japan, specializing in the management of photovoltaic assets throughout Japan.

SOURCE Hudson Sustainable Group

MENAFN29072024003732001241ID1108494862