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Announced

PORTFOLIO OF COMPANIES OWNING SOLAR POWER PROJECTS THROUGHOUT JAPAN / TOKYU LAND CORPORATION / DEVELOPMENT BANK OF JAPAN / KKR & CO / Acquisition / Private

Synopsis

Sale by X-Elio, a Spanish developer and operator of solar PV energy plants which is owned by KKR, to the Development Bank of Japan and Tokyu Land Corporation of a portfolio of companies that own solar power projects in different stages of development throughout Japan, which will have an aggregate generating capacity of 187MW.

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