The Yamada-Cho project marks the first time that Sonnedix Japan has secured a project finance loan from a Japanese bank for a green field project. The loan signing with Shinsei Bank, one of the leading Japanese banks in the country’s solar IPP market, is testament to Sonnedix Japan professional reputation in the region and will enable faster funding for future projects in the country. In addition, Sonnedix Japan persistent, good-faith approach motivated a conservative Japanese utility to accelerate its timeline, allowing Sonnedix Japan to successfully establish the necessary grid connection.