SPARX Group to Establish "Mirai Renewable Energy Fund"

Sep 19, 2018 18:08 JST

Source: Toyota Motor Corporation

Toyota Motor to Participate as Investor

TOKYO, Sep 19, 2018 - (JCN Newswire) - SPARX Group Co., Ltd. and Toyota Motor Corporation today announce their agreement regarding the "Mirai Renewable Energy Fund" to be established by SPARX, which aims to invest in renewable energy power facilities, with Toyota participating as investor.

The fund's basic principle is "driving renewable energy growth and use throughout Japan," aiming to further improve regional economic development and Japan's energy self-reliance.

Toyota is looking toward future electricity supplies for its production plants, electric vehicles, and dealerships, as part of achieving its "Environmental Challenge 2050" goals through its investment in the new fund. The fund also aims to support the realization of a low-carbon society that makes maximum use of clean energy.

Contact:

Public Affairs Division
Global Communications Department
Toyota Motor Corporation
Tel: +81-3-3817-9926

Source: Toyota Motor Corporation
Sectors: Automotive

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