Hudson Sustainable Group Announces Sale of Solar PV Portfolio to Solar Schumann
Hudson Sustainable Group (HSG), a global sustainability investment firm, under its subsidiary Hudson Solar Japan, announced the sale of its solar PV portfolio to Tokyo-based Solar Schumann GK (Solar Schumann). The transaction illustrates HSG's ability to assemble curated portfolios of renewable energy assets that attract the interest of world class institutional investors and marks HSG's second successful exit in Japan. In 2019, Hudson Solar Japan acquired 33 solar PV projects under Japan's feed-in-tariff regime, solidifying Hudson Solar Japan's position as a key player in the country's energy transition market.
"This sale is the latest example of our global strategy to create value by identifying and unlocking value in sustainable infrastructure," said Neil Auerbach, Chief Executive Officer, Hudson Sustainable Group. "This disposition will allow us to focus our efforts on expanding Horizon Energy KK, our capital-light renewable energy company dedicated to serving customers seeking to invest in the post-FIT renewable energy market in Japan."
"We are pleased Solar Schumann recognized the value of the geographically diversified solar portfolio that we assembled," said Jonathan Lee, HSG Partner. "Mizuho Securities is renowned for its expertise in identifying and securing high-quality assets on behalf of its esteemed investment clients such as Solar Schumann."
Hiroki Ishii of Mizuho Securities, who supported the fundraise, added: "We were impressed by Hudson's strategic foresight and operational acumen demonstrated throughout this transaction and eagerly anticipate future collaboration with Hudson and its affiliate companies including Horizon Energy KK on other opportunities of mutual interest."
Hudson Sustainable Group | https://www.hudsonsustainable.com/