Obton Japan rebrands as Voltaiyo
Obton A/S today announces the rebranding of its Japanese renewable energy business as Voltaiyo, derived from volt, meaning electric potential difference, and taiyo, meaning sun in Japanese.
An active player in the Japanese solar market, Voltaiyo acquires brownfield and greenfield solar assets with strong potential for asset optimization. The Company owns and operates a portfolio of more than 500MW, with a five-year target of over 1,000MW of installed solar capacity through M&Q and own development, and a substantial pipeline of assets under development.
Obton is partnering with ICG Asia-Pacific Infrastructure to expand Voltaiyo’s market presence in Japan’s rapidly growing solar industry. Following signing, announced in early April, the transaction to partner with ICG is now complete.
Representatives from both Obton and ICG met with the King of Denmark alongside key government officials at an event focused on the future of clean energy in Tokyo on 23rd April.
“We are delighted to share the news of our new name, Voltaiyo, symbolising energy, vitality and growth. The inception of Voltaiyo marks an exciting new chapter and, with ICG as our partner, we are uniquely positioned to take full advantage of the significant untapped potential for renewable electricity in Japan. Joining the King of Denmark in Tokyo was a memorable milestone for Obton, a celebration of both our Danish heritage and conviction in the Japanese solar market. Denmark and Japan share a long-standing collaboration in sustainable energy – and with Voltayio, we look forward to further accelerating the rollout in Japan,” says Mikkel Berthelsen, Chief Acquisition Officer at Obton.
“We are pleased to officially be in partnership with Obton, following recent transaction completion. With a shared vision for Voltaiyo, we are confident that this collaboration will prove fruitful for Obton, our investors and the broader Japanese solar market. It was a privilege to join Obton in meeting the King of Denmark and we remain very excited about what lies ahead for the Company,” says Devarshi Das, Head of ICG Asia-Pacific Infrastructure.
About ICG
ICG provides flexible capital solutions to help companies develop and grow. We are a leading global alternative asset manager with over 35 years’ history, managing $107bn of assets* and investing across the capital structure.
We develop long-term relationships with our business partners to deliver value for shareholders, clients and employees, and use our position of influence to benefit the environment and society.
ICG is a member of the FTSE 100 and listed on the London Stock Exchange (ticker symbol: ICG). Further details are available at www.icgam.com. You can follow ICG on LinkedIn and Instagram.
*Past performance is not a reliable indicator of future results; as at 31 December 2024.
About Obton
Obton – founded in 2008 - is a prominent player in the development and acquisition of solar PV and BESS projects, primarily across Europe as well as in the APAC region. Obton’s strategic approach encompasses involvement in both develop-to-own and develop-to-sell initiatives.
Obton has - on behalf of its investors - around 2,1 GW under management, representing an asset value of around EUR 4 billion and employing 260 people in 8 offices located in Europe and Japan.