Press Release
June 28, 2024

Ishikari Renewable Energy Data Center LLC No. 1,
has raised 8.39 billion yen to launch its business~Accelerating the opening of a data center running on 100% local renewable energy in Ishikari～

Ishikari Renewable Energy Data Center LLC No. 1
Plan:
Ishikari Renewable Energy Data Center No. 1 (IREDC1) will be constructed in April 2026,
following the decision to receive a subsidy from the Communications and Information
Network Industry Association (CIAJ) based on the Ministry of Internal Aﬀairs andCommunicationsʼ “FY2021 Supplementary Digital Infrastructure Development Fund SubsidyProject.” We have been preparing for the opening of our business in Ishikari,
Hokkaido. TOKYU LAND CORPORATION, Flower Communications Inc., and Agility
Asset Advisers Inc. will play a leading role and supervise the local production of renewableenergy and ASAI KEN ARCHITECTURAL RESEARCH INC. design and supervise a local
consumption project, which will actively introduce on-site PPA in Ishikari, Hokkaido.
Details of Funding:This funding was raised from domestic investors at IREDC1, utilizing the Real EstateSpeciﬁed Joint Venture Act. The main purpose of ﬁnancing is to provide domestic investors
with new opportunities to enter the data center (DC) business and to promote eﬀorts toward
the construction of the second and third buildings (a total of 300MW including the ﬁrstbuilding).

We raised funds for this project with the goal of contributing to the localcommunity, so that Ishikari, Hokkaido, can play a role as a renewable energy DC park
representing Asia. Through the promotion of this project, we aim to realize the "Hokkaido
Data Center Park," advocated by Hokkaido.
Key Business Areas
With this funding, we will build Hokkaidoʼs ﬁrst 100% local renewable energy DC, encourage
major both domestic and international DC operators to enter into Hokkaido and promote
Hokkaidoʼs digital transformation (DX). Additionally, in response to the increasing demandfor DCs led by the rapid spread of AI, we will provide Hokkaidoʼs renewable energy to AI
businesses through on-site and oﬀ-site PPAs.

■ Image upon completion：■ Business Structure：<Asset Manager>

Agility Asset Advisers
AMcontract
SPCIshikari Renewable Energy Data Center LLC<Land Owner>

Ishikari Development<General Contractors>

Nakayama Group and others<Design/Design Managemnt>

Asai Ken Architectual Research, Inc.

Land Sales
contract

Real Estate

Loan & Subsidy

Construction
contract

Agility Asset Advisers<Lenders>

Consignment
contract<Subsidy Contribution>
Subsidies

Tokyu Land Corporation

PMcontract<Building Management Company>

Management
outsourcing

Broardband Tower<Private Placement Agent>

Financing<Project Managers>

Flower Communications

PP handling
contract

Digital Infrastructure MaintenanceDonation

TK Investments<Tenants>

Broardband Tower* (Section1)
As well as 5 other sections

Building lease
contract* Under reservation contract<TK Investors>
Miscellaneous Costs

Investment<ISH>
Capital■ Ishikari Renewable Energy Data Center No. 1 Overview
Gross ﬂoor area： 11,093 ㎡ (planned)
Power receiving capacity：15MW
No. of racks：1140 racks

Investment

Ishikari Renewable Energy Center■Comments from Ishikari City

I am very pleased to hear that the DC construction plan by IREDC1, is progressing. This DC
project is in line with the national policy of relocating DCs to regional areas for the purposeof risk diversiﬁcation, etc., and is of extreme social signiﬁcance as it is consistent with theconcept of local production of renewable energy that city is aiming for, and we realize that
this is a super meaningful business. The advance of DC is expected to signiﬁcantly develop
the local economy, including the promotion of DX that solves regional issues and the creationof GX industries by expanding the use of renewable energy. We also believe that this projectwill bring about many ripple eﬀects, such as accumulating more DCs and promoting thedevelopment of related infrastructure. The city will continue to support the success of thisproject in cooperation with related businesses.
Tatsuyuki KatoMayor, Ishikari City
■ Comments from the Head of the Hokkaido Economic Department, Industrial Promotion
BureauAs the IREDC1 launches, many business operators and investors, including TOKYU LANDCORPORATION and Flower Communications Inc., are participating as a new investment
model for DC. We sincerely welcome your announcement of future plans for 300MW capacity.
The development of DC that utilizes 100% renewable energy in the Ishikari region is truly anadvanced initiative that is rooted in the area, and the Hokkaido Government is currently
working to accelerate the development of a core base for digital infrastructure. Of course, itwill greatly contribute to the promotion of DX and AI utilization, decarbonization, and thedevelopment of the digital industry in Japan as a whole. The Hokkaido Government prays forthe steady progress of the project and will do our best to support it.
Shiro AbikoHead of the Hokkaido Economic Department, Industrial Promotion Bureau■Inquiries regarding this Press Release
Agility Asset Advisers Inc.
Takahara/Ishii
Business Planning Group, Corporate Planning Department
TEL 03-3552-8878 FAX03-3552-8868