Green Light Renewable signs support contract with BlueSky Energy

TOKYO, Jul 16 (Pulse News Wire) – Green Light Renewable Energy Infrastructure Fund (509A.T) and asset management firm BlueSky Investment Co., Ltd. signed a five-year support contract with BlueSky Energy effective July 16, 2026.

The agreement involves knowledge-sharing related to battery storage systems aimed at stabilizing power supply and addressing electricity shortages. Under the contract, BlueSky Energy will provide expertise in developing and installing battery storage facilities, which are crucial for mitigating fluctuations in renewable energy output and supporting grid stability. The fund plans to explore integrating batteries into its solar power plants and system-level storage solutions.

Capitalized at ¥1.077 billion (including capital surplus), BlueSky Energy was established on October 1, 2012. It holds a 20% stake in BlueSky Investment, making it a related party under investment trust laws despite having no direct capital ties to Green Light. The impact on the fund's operations for the fiscal periods ending May 31, 2026, and November 30, 2026, is expected to be minor, with no changes anticipated in operational forecasts.