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8001
TSE Prime
ITOCHU Corporation
Result
ー
1,876.5
JPY
+50.5
(+2.77%)
Jun 12, 3:30 pm JST
11.70
USD
Jun 12, 2:30 am EDT
PER
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PBR
1.99
Yield
2.34%
Margin Trading Ratio
11.90
PTS
outside of trading hours
1,884.5
Jun 12, 11:58 pm JST
Summary Chart Historical News Financial Result

Daiwa Securities rebounds on grid-scale battery storage project financing deal with Aozora Bank

Tue May 19, 2026 10:05 am JST Catalyst

Daiwa Securities Group Inc. <8601> rebounded. Earlier in the day, the company announced that a limited liability company invested in by its subsidiary Daiwa Energy & Infrastructure entered into a loan agreement for project financing for a grid-scale battery storage facility with Aozora Bank, Ltd. <8304> on March 31st.

The agreement relates to a grid-scale battery storage project in Chitose City, Hokkaido. It will leverage Daiwa Energy & Infrastructure's extensive power generation development experience and project investment track record, as well as Aozora Bank's expertise and know-how cultivated through project financing. ITOCHU Corporation <8001> will provide the battery storage system, KYOCERA Communication Systems, a subsidiary of KYOCERA CORPORATION <6971>, will handle the design, procurement, and construction of the storage facility, OSAKA GAS CO.,LTD. <9532> will manage battery operations and power market trading, and Daiwa Real Estate Asset Management, a subsidiary of Daiwa Securities, will oversee facility operations and management.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.