Nihon M&A Center : Announcement of ESG Investment in Renewable Energy Infrastructure Fund for Emerging Countries
October 18, 2021 at 02:02 am
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October 18, 2021
To whom it may concern,
Company name: Nihon M&A Center Holdings Inc.
Representative: Suguru Miyake, President and
Representative Director
(Stock exchange code: 2127 TSE First Section)
Contact:
Takamaro Naraki,
Execuvie Vice President and
Director, General Manager of
Administration Division
(Phone: +81-3-5220-5451)
Announcement of ESG Investment in Renewable Energy Infrastructure Fund for Emerging
Countries
Nihon M&A Center Holdings Inc. (the "Company") announces that Nihon M&A Center Inc., a consolidated subsidiary of the Company, made an environmental, social and governance (ESG) investment amounting to 100 million yen in the Climate Finance Partnership Fund (the "Fund"), which focuses on climate infrastructure investments across emerging markets. The Fund is managed by BlackRock, and investment in the Fund was offered through a commingled unit trust established by Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Details are as follows.
Backgrounds to investment in the Fund
Each officer and employee of the Company and the consolidated subsidiaries (the "Nihon M&A Center Group") recognizes that addressing environmental issues is one of the social responsibilities as a corporate citizen and follows the guideline to give due consideration to environmental issues in their activities. Through investment in the Fund, the Nihon M&A Center Group will contribute to the reduction of CO2 emissions in emerging countries and promote group-wide initiatives to decrease environmental impact.
Outline of the Fund
The Fund is an investment fund created in collaboration with government-linked financial institutions and private sector financing, mainly targeting investment in climate infrastructure in emerging countries. It was established with the aim of supporting the joint effort of the public and private sectors to develop the renewable energy business with a view to capturing projected growth in demand for energy associated with population expansion and economic growth in emerging countries. Through investment in climate infrastructure , the Nihon M&A Center Group plans to contribute to the reduction of greenhouse gas emission and the United Nations' sustainable development goals.
Fund name
Climate Finance Partnership Fund
Fund manager
BlackRock
Total assets under
USD 500 million
management (target)
Target sectors
(i) Grid connected and/or distributed renewable power generation;
(ii) energy efficiency in residential, commercial and/or industrial
sectors; (iii) transmission or energy storage solutions; and (iv) ultra-
low emission or electrified transportation and mobility services.
Features
Considerations of social and environmental impact are integrated
into the investment management process. Impact is evaluated along
specific United Nations Sustainable Development Goals.
Investors
The French Development Agency (AFD), KfW IPEX-Bank (KfW),
Japan Bank for International Cooperation, The Dai-ichi Life
Insurance Company, Limited, Standard Chartered Bank, Mitsubishi
UFJ Bank, Ltd. and others
Assumed impact of
Reduction of CO2 emissions: Approximately 2,600 tons per year
contributions made by
(based on estimates made by the Company)
Nihon M&A Center Inc.
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Nihon M&A Center Inc. published this content on 18 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2021 06:01:07 UTC.
Nihon M&A Center Holdings Inc, formerly Nihon M&A Center Inc, is a Japan-based company principally involved in the merger and acquisition (M&A) brokerage business. The Company mainly works on projects of small and medium-sized enterprises in Japan. The Company mainly operates M&A brokerage business. The flow of the M&A brokerage business includes marketing, contracting of the transferring company, evaluation of the transferring companies, proposal to the buyer companies, various negotiations and adjustment of contracts. Other businesses include the operation of membership organizations (membership fee income) of regional M&A centers operated by accounting offices in each region.