Nishimura & Asahi has advised Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) on its $474 million investment in renewable energy company Shizen Energy.
For CDPQ, this transaction in Japan is an important milestone in the deployment of CDPQ’s long-term Asia-Pacific infrastructure strategy as Japan has a crucial role to play in the decarbonisation of Asia.
Shizen Energy will use the investment to further bolster the development of its renewable energy projects and carry out initiatives related to energy digitalisation and human capital growth.
The Nishimura team was led by partners Hiroyasu Konno, Sadayuki Matsudaira and Takashi Tsuboi.