Japan’s Mizuho Securities Ventures into Tokenized Renewable Energy Funding
- First-of-its-kind: Mizuho Securities launches Japan’s inaugural tokenized infrastructure private equity fund for renewable energy.
- Sustainable Scale: The fund supports eight solar facilities with a combined 9.5 MW capacity, powering 9,000 homes.
- Innovative Structure: Tokenization reduces costs while requiring issuer approval for transfers, ensuring controlled asset management.
Mizuho Securities, in collaboration with Blue Sky Solar, is pioneering renewable energy funding in Japan through private security token issuance (STO). This marks Japan’s first-ever tokenized infrastructure private equity fund, aiming to streamline management and cut costs in renewable energy investments.
Blue Sky Solar brings extensive expertise to the partnership, having managed 376 projects with a total capacity of 318 MW. In this venture, an LLC has acquired eight solar power facilities with a combined generating capacity of 9.5 MW—enough to power approximately 9,000 homes.
“This initiative showcases the potential of tokenization in revolutionizing infrastructure investments,” Mizuho stated.
The investment involves a dual-entity structure. Blue Sky Asset Management oversees the LLC assets, while investments in the tokens occur through a limited partnership. The token’s transferability is tightly controlled, requiring requests from the holder and approval from the issuer.
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The issuance leverages the iBet for Fin tokenization platform developed by BOOSTRY, Japan’s second-largest digital securities blockchain network. While Progmat leads the sector, it’s noteworthy that Mizuho’s parent company is an investor in Progmat.
A year ago, the same platform supported another sustainable finance project: Hitachi’s green bond issuance.
“Tokenization is advancing cost efficiency while enabling targeted and secure asset management,” said Blue Sky representatives.
This development underscores Japan’s strategic shift toward digitizing renewable energy funding through innovative financial technologies.
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