Kuradashi Secures 290 Million Yen in Project Financing from Ricoh Leasing for Tochigi Oyama Battery Station

Kuradashi Secures 290 Million Yen in Project Financing from Ricoh Leasing for Tochigi Oyama Battery Station

Kuradashi Inc. (Headquarters: Shinagawa-ku, Tokyo; Representative Director and CEO: Kohei Kawamura) has announced that it has secured 290 million yen in project financing from Ricoh Leasing Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and Executive Officer: Nori-haru Nakamura) for the Tochigi Oyama Battery Station operated by Kuradashi.

### Overview of the Financing

Kuradashi operates businesses aimed at converting various social issues into value, bringing measurable impact to society, the environment, and the economy, under the mission "Fruitful Future through Good Business" and the vision "Becoming Japan's Top Impact Company Group."

In January 2025, the company entered the renewable energy sector to reduce power loss and began operation of its first project, the "Tochigi Oyama Battery Station" (Oyama City, Tochigi Prefecture), in May of the same year. It entered the JEPX (Japan Electric Power Exchange) market in September and the supply-demand adjustment market in December, advancing monetization through market trading.

Against this backdrop, the company has successfully secured project finance-style loans from Ricoh Leasing for the Tochigi Oyama Battery Station, a grid-scale storage facility owned by Kuradashi.

### Significance of the Financing

This funding marks a key milestone for Kuradashi's future business development in the following ways:

- Establishment of a project finance model for the grid-scale battery storage business. - Solidifying high asset valuation and profitability from financial institutions for the full-merchant grid-scale battery storage business.

### Future Outlook

Leveraging this financing, Kuradashi aims to strengthen alliances with other companies and further expand its grid-scale battery station portfolio. Additionally, by building a "funding model" that combines project finance and fund-based structures, the company intends to accelerate its grid-scale battery business, contributing to the stable supply of renewable energy.