News

JIC Venture Growth Investments (VGI) has acquired the shares in Sharing Energy Co., Ltd.(Sharing Energy), a company providing third-party ownership services, through its JIC Venture Growth Fund 1 (VGF1).

Sharing Energy is creating distributed energy resources for a decarbonized society byproviding third-party ownership services for residential PV systems called "SHARE DENKI”. “SHARE DENKI" is promoting the optimal installation of solar power generation systems on the diversified rooftops across Japan.

VGI accelerates the local production and self-consumption of solar energy by promoting the installation of PV systems and storage batteries through Sharing Energy’s services.Sharing Energy has diverse network of builders, contractors, suppliers and installers in Japan, by which contributes to the expansion of solar power generation.

With this financing, Sharing Energy will expand its business and drive the market for third-party ownership services, thereby VGI contributes the decarbonization for residentialsthrough the creation of distributed energy resources.

^{The information contained in this notice is current at the time of publication and subject to change without notice.}