First Solar has secured debt financing of approximately $240m for a 59.5MW solar project in Ishikawa prefecture in Japan.
The syndicated loan has been arranged by Mizuho Bank, First Solar said.
The Ishikawa Sogo solar plant is scheduled to commence operation in late 2018.
“Together with the existing construction loan of up to $33m financed by Mizuho Bank in Japan, First Solar is well positioned to develop, construct and operate various utility-scale solar projects, and provide integrated energy solutions that contribute to a safe and reliable energy mix in Japan,” the company said.
Image: First Solar
