TOKYO, Jun 30 (Pulse News Wire) – JALCO Holdings Inc. (6625.T) announced plans to issue unsecured corporate bonds totaling June 30, 2026 and acquire a stake in a high-voltage energy storage project.
The bonds, with an interest rate of 3.0% per annum, will be fully underwritten by Catalyst Corp. and mature on June 29, 2027. The acquired stake represents part of a joint venture investment held by TAOKE ENERGY Co. in six high-voltage battery storage facilities located across northeastern, central, and eastern Japan regions. Each facility has a capacity of 2 MW/8 MWh, totaling approximately 12 MW/48 MWh.
Four sites are currently operational, while the remaining two are expected to be connected to the grid by July 31, 2026. This strategic move aims to accelerate revenue generation and expand JALCO's footprint in the system-level energy storage sector. Funding for the acquisition will come from the bond issuance and existing cash reserves. Additionally, JALCO highlighted the importance of balancing long-term funding stability with flexible financing options tailored to individual projects. The company believes combining convertible bond issuances for broader growth investments with targeted debt financing ensures optimal financial flexibility and supports future expansion opportunities.
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