December 11, 2020

CohnReznick Capital Advises Tokyo Gas in Raising Tax Equity for 631MW Solar Project

CohnReznick Capital is pleased to announce that Tokyo Gas America Ltd., a wholly owned subsidiary of Tokyo Gas Co., Ltd, has closed on a tax equity commitment for the Aktina Solar Project, located in Wharton County, Texas. At 631MWDC , this is one of the largest solar projects in the U.S. and represents a significant step towards Tokyo Gas achieving its stated net-zero emissions goal.

CohnReznick Capital served as exclusive financial advisor to Tokyo Gas on the transaction.

“Marquee transactions like this one significantly move the needle towards the global clean energy transition,” said Conor McKenna, Senior Managing Director at CohnReznick Capital. “Tokyo Gas is a premier organization, and we are honored to have helped further their sustainability and global renewable expansion goals.”
For additional details on this transaction, please contact:

Conor McKenna
Senior Managing Director

For the full press release, please click here.

About Tokyo Gas Co., Ltd.
Tokyo Gas Co., Ltd. is Japan’s largest provider of city gas and is also one of Japan’s largest PPSs with 3GW capacity, primarily in the Tokyo metropolitan area and surrounding Kanto region. Tokyo Gas Group management vision “Compass 2030” announces to expand our renewable business not only domestically but also globally, setting our renewable energy target of 5GW by 2030. The group aims continuous growth renewable energy business, rooted in the local communities and society.