Global Brain has invested in Clean Energy Connect Co., Ltd. (CEC), a company providing a green power solution and Offsite Corporate PPAs, through its TOKYU-CONST GB Innovation Fund L.P. (TCIF). A Corporate Power Purchase Agreement (PPA) is a long-term contract under which a business agrees to purchase electricity directly from an energy generator. This differs from the traditional approach of simply buying electricity from licensed electricity suppliers. CEC has provided comprehensive Offsite Corporate PPA solutions including green power implementation planning and verification of benefits until they shift to 100% renewable energy to large enterprise companies such as Dai-ichi Life, Shimizu Corporation, and NTT Anode Energy Corporation. Global Brain has decided to invest in CEC, believing their vision of bringing green power solution to the world and are impressed by the strategy and the management team’s commitment. Through this investment, Global Brain will leverage its resources to support CEC in expanding the business further, introducing enterprise clients, and recruiting talents.

About CEC

Location: Chiyoda-ku, Tokyo, Japan
Representative: Teppei Uchida
Founded: April 2020
URL: https://cleanenergyconnect.jp/
(Available only in Japanese)

About TCIF

Name: TOKYU-CNST GB Innovation Fund L.P.
General Partner: Global Brain Corporation
Fund Size: JPY 5 billion

About Global Brain

Location: Tokyo, Japan
Representative: Yasuhiko Yurimoto
Founded: January 1998
URL: https://globalbrains.com/

Global Brain has invested in Clean Energy Connect Co., Ltd., a company providing a green power solution and Offsite Corporate Power Purchase Agreements