Update Regarding Hydroelectric Plant in Obanazawa City, Yamagata Prefecture
May 06,2021
Thank you for your continued support of Inawashiro Ski Resort.
We would like to share an announcement from Inawashiro Ski Resort's management company, DMC aizu.
"DMC aizu Co. Ltd. (headquarters: Inawashiro-machi, Yama-gun, Fukushima Prefecture; President & CEO: Shoji Endo) in partnership with Green Denryoku Engineering Co., Ltd. (headquarters: Marunouchi, Chiyoda-ku, Tokyo-to), a fellow subsidiary of IS Holdings, has taken out a Mezzanine Loan in preparation to build Nakazawa-gawa Hydroelectric Plant in Obanazawa-shi, Yamagata Prefecture. We are pleased to announce that construction has begun as of May 6th, 2021.
We have chosen to pursue these renewable energy endevors in order to further develop and revitalize the local economy, as well as to ensure the safety and wellbeing of both the local community and enviornment.
<(Photo depicting the Shinto blessing of the project site)>
We would like to share an announcement from Inawashiro Ski Resort's management company, DMC aizu.
"DMC aizu Co. Ltd. (headquarters: Inawashiro-machi, Yama-gun, Fukushima Prefecture; President & CEO: Shoji Endo) in partnership with Green Denryoku Engineering Co., Ltd. (headquarters: Marunouchi, Chiyoda-ku, Tokyo-to), a fellow subsidiary of IS Holdings, has taken out a Mezzanine Loan in preparation to build Nakazawa-gawa Hydroelectric Plant in Obanazawa-shi, Yamagata Prefecture. We are pleased to announce that construction has begun as of May 6th, 2021.
We have chosen to pursue these renewable energy endevors in order to further develop and revitalize the local economy, as well as to ensure the safety and wellbeing of both the local community and enviornment.
<(Photo depicting the Shinto blessing of the project site)>
(Obanazawa-shi Nakazawa Hydroelectric Plant Overview)
- Project Location
- Yamagata-ken, Obanazawa-shi, Oaza-Takahashi Aza-Yoshinosawa
- Water and River System
- Nakazawa River, Mogami River System
- Estimated Max Power
- 410kW
- Estimated Annual Power Generation
- 1,530,000kWh(equivalent to the annual electricity consumption of about 400 average households)
- Preliminary Construction Start Date
- May 6th, 2021
- Full-scale Construction Start Date
- May 20th, 2021
- Operation Start Date
- Around December 2021
- Company Name
- DMC aizu Co., Ltd
- Headquarters
- Fukushima-ken, Yama-gun, Inawashiro-machi Hayama 7105
- Operating Areas
- Fukushima-ken, Yama-gun, Inawashiro-machi (Inawashiro Ski Resort)
Fukushima-ken, Yama-gun, Kitashiobara-mura (Urabandai Ski Resort)
Fukushima-ken, Minamiaizu-gun, Minamiaizu-machi (Takahata Ski Resort and Michi-no-Eki Kirara 289) - Starting Capital
- ¥98,000,000
- Company Representaitve
- President and CEO: Shoji Endo
- Shareholders
- IS Holdings Co., Ltd: 100%