Country for PR: United States
Contributor: PR Newswire New York
Thursday, August 19 2021 - 23:30
AsiaNet
Hudson Sustainable Group in Japan Closes 1.4 Billion Yen Mezzanine Facility
MIAMI, Aug. 19, 2021 /PRNewswire-AsiaNet/--

Hudson Sustainable Group, LLC (Hudson) announced today that it has closed a 
mezzanine loan facility of 1.4 billion JPY with Mitsubishi HC Capital Inc. The 
mezzanine loan facility, which closed on July 19, 2021, is backed by Hudson's 
portfolio of thirty-three operating solar PV assets located throughout Japan. 
The projects benefit from the 20-year Japanese Feed-in-Tariff (FiT). The 
portfolio is anticipated to generate approximately 34,000 MWh of electricity 
and reduce more than 15,800t of CO2 greenhouse gas emissions each year. This is 
Hudson's first mezzanine financing in 2021, and was arranged by Deutsche Bank 
Japan and UK, one of the leading financial institutions with a global network. 
Tokyo International Law Office acted as Hudson's legal advisor.

Logo - 
https://mma.prnewswire.com/media/1597796/Hudson_Sustainable_Group_Logo.jpg

Together with the mezzanine financing, Hudson also strengthened cooperation 
with Mitsubishi HC Capital in renewable energy infrastructure investments as 
well as venture stage investments in sustainability-focused companies in both 
Japan and the US.

"We are pleased to have earned the trust and backing of Mitsubishi HC Capital 
in funding our first mezzanine loan in the Japanese market and in pursuing a 
larger alliance for future sustainable investment.  Hudson's goal is to 
facilitate a more sustainable world and is excited to partner with Mitsubishi 
HC Capital in pursuit of that goal," said Neil Auerbach, Hudson's Chief 
Executive Officer and Managing Partner.

"As a partner that can support customers in their own ambitious endeavors, we 
will provide new social value while solving their problems. We will continue to 
contribute to realizing a sustainable society through collaborative business 
with Hudson Sustainable Group, LLC." said Keigo Nakamura, Senior Corporate 
Officer, General Manager of Business Department Sector No.3, Mitsubishi HC 
Capital Inc.

About Hudson

Hudson Sustainable Group is focused on investing in the sustainability sector 
globally, with an emphasis on renewable energy, resource efficiency, and other 
aspects of sustainable technology. Founded in 2007, Hudson acts as both a 
principal investor and investment manager, and has made 20 investments to date 
in 26 countries. For more information, visit: www.hudsonsustainable.com.

About Mitsubishi HC Capital

Mitsubishi HC Capital was born from the business integration of Mitsubishi UFJ 
Lease & Finance Inc. and Hitachi Capital Corporation on 1st April 2021. 
Mitsubishi HC Capital Group positions "Social Infrastructure & Life", 
"Environment & Energy", "Mobility", "Sales Finance", and "Global Assets" as the 
focused fields. In addition, Mitsubishi HC Capital Group will contribute to 
realizing a bright and hopeful future society as well as richer life for people 
by creating and offer unique and progressive business to meet the ever-changing 
needs of society and customers in consideration of the global environment.
Please access Mitsubishi HC Capital website for the details. 
https://www.mitsubishi-hc-capital.com/english/

Media Contact:
Teppei Fukada
email: teppei.fukada@hudsonsustainable.com
phone: +81-3-4360-9380

Source: Hudson Sustainable Group
Translations

Japanese