The Jonan Shinkin Bank (head office: Shinagawa-ku, Tokyo; Chairman: Yasushi Watanabe; hereinafter "Jonan Shinkin"), the Institute for Sustainable Energy Policies (head office: Shinjuku-ku, Tokyo; Director: Tetsuya Iida; hereinafter "ISEP"), Genkai Investment Advisors, Inc. (Head office: Minato-ku, Tokyo; Representative Director: Takayuki Oda; hereinafter "SBISL") have signed a memorandum of understanding (MOU) on business alliance to build mutual cooperation in order to promote renewable energy projects. The memorandum of understanding is for the purpose of establishing a mutual cooperative relationship to promote renewable energy projects.

The spread of renewable energy is one of Japan's most important policy issues in light of the need to stabilize, diversify, and decentralize energy supplies and to counter global warming, etc. In FY2016, the percentage of electricity generated from renewable energy sources in Japan was 15.3%*1 , and the government aims to increase this to 22%-24% by 2030. The government has set a goal of raising this to 22-24% by 2030. On the other hand, in order to promote the spread of renewable energy, it is necessary to construct power plants that can be maintained and operated stably, but it is also necessary to solve various issues such as environmental considerations, contribution to the local economy, and financing in the construction and operation phases.

Jonan Shinkin, ISEP, GIA, and SBISL have agreed to jointly provide operational support for the structuring and operation of renewable energy projects that contribute to the revitalization of local economies and local employment, and that take environmental conservation into consideration. (2) ISEP's cutting-edge knowledge of energy policy and experience in supporting the planning and operation of community-led renewable energy and energy conservation projects; (3) GIA's experience in finance and asset management for the construction and operation of renewable energy power plants; and (4) SBISL's social lending service, which allows investors to invest at their own will. The parties have agreed to continue discussions and deliberations on the establishment and provision of a framework that would not only provide a financial return but also a social return (social benefit) from the spread of renewable energy.

SBISL provides social lending*2 (loan-type crowdfunding*3) services as a subsidiary of SBI FinTech Solutions Corporation, a comprehensive FinTech solutions company.As stated in the June 28, 2016 "Genkai Investment Advisor and SBI Social Lending Announce First Phase of Cooperative Loan Fund (Nickname: Kakehashi) Formation", in business fields with high social needs such as renewable energy, which is expected to develop in the future, through collaboration with GIA, As described in the "Notice of Formation of the First Loan Fund Using Social Lending (Nickname: "Kakehashi "*4)," GIA and GIA have formed a cooperative loan fund (nicknamed "Kakehashi") utilizing social lending in business fields with high social needs, such as renewable energy, which are expected to develop in the future.
ISEP sees it as its social mission to encourage the movement of change toward a sustainable energy society to accelerate even further than it is now, and is working to promote aspirational social entrepreneurship and social finance in the direction of a new society, and Jonan Shinkin Bank boasts a loan balance of 2.1967 trillion yen (as of March 31, 2018) As a top-class shinkin bank, we aim to be a "customer-supporting company that transcends the boundaries of a financial institution" and a "socially responsible company with a public mission," providing unique community-based financial services and actively supporting capital investment for energy conservation through solar sharing and financial We are also actively supporting capital investment for energy conservation through solar sharing and financing.

Through this collaboration, Jonan Shinkin, ISEP, GIA, and SBISL will leverage their respective strengths to promote renewable energy projects in a series of stages from entry to exit, from the development stage of renewable energy power plants to the operation stage after the start of operation, in order to achieve both financial and We will contribute to the maintenance and development of society by achieving both financial and social returns.

1 From Ministry of Economy, Trade and Industry: Ministry of Economy, Trade and Industry: Ministry of Economy, Trade and Industry: Ministry of Economy, Trade and Industry: Ministry of Economy, Trade and Industry: Ministry of Economy, Trade and Industry: Ministry of Economy, Trade and Industry: Ministry of Economy, Trade and Industry: Ministry of Economy, Trade and Industry: Ministry of Economy, Trade and Industry
http://www.meti.go.jp/committee/sougouenergy/denryoku_gas/saiseikanou_jisedai/pdf/001_03_00.pdf
2 Social lending is a new financial service that connects "people who want to invest money (investors)" and "people who want to borrow money (borrowers)" through the Internet, and is attracting attention as a new form of financial intermediation that is showing rapid expansion within the FinTech field. By utilizing the Internet, social lending services can be provided at low cost, and as a result, new investment products with high yields can be offered to investors. For borrowers, it is possible to meet financing needs that cannot be met by conventional financial institutions.
3 Crowdfunding is a system for raising funds from unspecified organizations and individuals via the Internet. There are several types of crowdfunding, including "purchase-type," "donation-type," "investment-type," and "loan-type (financing-type)," and social lending is classified as a "loan-type (financing-type) crowdfunding.
4 The nickname of the cooperative loan fund "Kakehashi" reflects the wish that the funds contributed by investors will be used effectively as "a bridge from the present to the future by contributing to the diffusion and expansion of renewable energy and reducing the environmental impact of society as a whole," "a bridge to a healthy and prosperous life by meeting the increasing need to provide housing and nursing care facilities for the elderly," and "a bridge to the realization of a tourism-oriented country and to the growing need for inbound tourism to Japan from overseas in the run-up to the 2020 Tokyo Olympics. The funds will be used effectively as "a bridge from the present to the future by contributing to the diffusion and expansion of renewable energy and reducing the environmental impact of society as a whole," "a bridge to health and a rich life by meeting the increasing need for the supply of housing and nursing care facilities for the elderly," and "a bridge to meet the growing need for inbound tourism to Japan from abroad in the run-up to the 2020 Tokyo Olympics.

*Press Release

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