Barclays backs 14.5 MW in Japan with $42 million of project bonds

Japan-based solar project developer Renewable Japan has been granted $42.7 million from Barclays Securities in the form of project bonds. The grant will be used for constructing a 14.5 MW solar project in Kyoto, Japan. The bond carries a repayment term of 23 years. Hitachi Capital Trust served as trustee in the transaction.

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