TOKYO, Mar 19 (Pulse News Wire) – 32600.t (3260.T) announced today that its board of directors approved the sale of a system battery storage facility located in Usuda, Sakura City, Nagano Prefecture. The transaction is part of the company's asset rotation business model within renewable energy and is expected to strengthen its financial foundation and enhance long-term corporate value.
The facility includes land rights and has a power reception capacity of 1988.360 kW and an energy storage capacity of 8 MW. Completion is scheduled for June 2026, with delivery set for the same month. The sale amount, subject to confidentiality agreements, exceeds 10% of the consolidated revenue reported at the end of the fiscal year ended February 2025. Revenue from the sale will be recognized upon completion of the handover.
The buyer is a domestic corporation whose identity remains undisclosed due to non-disclosure agreements. There are no capital, personal, or trading relationships between Espora and the buyer. Scheduled milestones include signing the sales contract, and transferring the property in June 2026. Expected revenue from this sale will be recorded in the fiscal year ending February 2027.
Any further significant developments related to this transaction will be disclosed promptly.
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