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

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.