Renewable Alert Letter 38: 32-40 yen Projects: The Risk of Lower Applicable Procurement Prices – Revised Outline From METI
Minako has significant experience advising international and domestic sponsors and developers on complex and innovative projects. She was called upon by the Japanese government in structuring the renewable Feed-in-Tariff scheme in Japan and prepared the government’s model contracts for specific contracts (power purchase contract/interconnection contract), which are a key component of the Feed-in-Tariff scheme in Japan.Backed by her experience in her prior career as a public prosecutor in Japan, she also serves as a member of the Tokyo Metropolitan Government Supervising Committee for Public Bidding (Tokyo-to Nyusatsu Kanshi Iinkai) which advocates public rights to the fairness and adequacy of the public bidding procedures of the government.
A sample of her notable engagements includes the following:
Representation of Setouchi Future Creations LLC, a special purpose company consisting of GE Energy Financial Services, Toyo Engineering and Kuni Umi Asset Management, in securing $1.1 billion debt and equity financing for Japan's largest solar facility (231MW).
Representation of Green Power Investment Corp. (GPI) in its development of 126.5 MW wind energy project in Japan. The project located in Tsugaru City, Aomori Prefecture in the northern part of Japan. This will be the largest wind energy project in Japan.
Representation of GE Financial Services, Pattern Energy Group and Green Power Investment Corporation in their development of, and the over JPY 10 billion syndicated project financing for, one of the largest mega solar projects in the Kanto area surrounding Tokyo.
Representation of a Japanese company investing in the first utility-scale solar PV project finance in the United States which was awarded "Renewables Deal of the Year 2010" by Project Finance International.
Representation of a Japanese company in the formation and structuring of a $200 million wind power investment fund which has been the world's largest of its kind.