Press Release
April 1, 2024
Shizen Energy Inc.
Bison energy Group
Summit Energy Corporation
Bourbon Corporation

Bourbon plant powered by renewable energy
with off-site corporate PPA
Shizen Energy Inc.(Shizen Energy), Summit Energy Corporation (Summit Energy) and
Bourbon Corporation (Bourbon) signed a corporate PPA based on an off-site PPA
model for the supply of renewable energy derived from solar power and power supply
to five Bourbon factories in Niigata Prefecture began on April 1, 2024.
Under this PPA, electricity will be generated by four new solar power plants in Niigataand Yamagata Prefectures with a total capacity of 6.7 MW (DC), jointly developed byShizen Energy and Shizen Energy's partner Bison energy. The electricity will be supplied
to Bourbon's five factories in Niigata Prefecture by Summit Energy, a retail electricity
company. Electricity used by Bourbon's factories that is not covered by the PPA will besupplied by Bourbon's existing retail electricity supplier.
Bourbon is committed to reducing CO₂ emissions as part of its sustainability efforts,and this initiative is expected to contribute to a reduction of approximately 3,500 tonsof carbon dioxide emissions annually.
The Kashiwazaki Matsunami solar power plant in Niigata Prefecture is already inoperation, supplying electricity to Bourbon's factories, and power plants underconstruction will begin supplying electricity when completed.
Scheme diagramPower plant overview
nameoverview

1

Kashiwazaki Matsunami
Solar Power Plant

Rated output: DC 3,301.0kWp / AC 1,999.0kW
Start of operation: April, 2024

2

Makibuchi Solar PowerPlant

Rated output: DC 921.2kWp / AC 700.0kW
Start of operation: October, 2025

3

Fukasawamachi SolarPower Plant

Rated output: DC 1,918.8kWp / AC 1,500.0kW
Start of operation: October, 2024

4

Yamagata Shinjo SolarPower Plant

Rated output: DC 571.8kW / AC 400.0kW
Start of operation: October, 2024

Photo: Kashiwazaki Matsunami Solar Power Plant*1 PPA (Power Purchase Agreement): a contractual scheme whereby a power producer
installs, owns, and manages power generation facilities at its own expense, and provides
and sells the power generated by those facilities to consumers on a long-term basis. On-site
PPA refers to the direct provision and sale of electricity from the generating facilities on theroof or adjacent land of the customer's facility, while off-site PPA refers to the provision andsale of electricity from remote generating facilities to the customer's facility through thepower grid.

【About Shizen Energy Inc.】
Founded in June, 2011. With the company purpose of “We take action for the blue planet,”
the company’s business includes development, financing, and asset management of
renewable energy power plants using solar power, wind power, small-scale hydroelectric
power, and biomass. Since 2016, the company has also been focusing on its international
operations, expanding its development and power generation projects in areas such as
Southeast Asia and Brazil. In 2019, the company also entered the energy tech business,offering micro-grid and VPP construction, smart charging and discharging services for EVs,
and other services through its self-developed EMS (energy management system). Shizen
Energy Group has been involved in more than 1 GW of renewable energy generationinternationally.
・Headquarters: Fukuoka Ohori Bldg. 1-1-6 Arato, Chuo Ward, Fukuoka City, Fukuoka
・Representative Directors: Ken Isono, Kenji Kawado, Masaya Hasegawa
・URL: https://www.shizenenergy.net/en/【About Bison energy Group】
Founded in 2016, Bison energy is a leading renewable energy generation company with
operations in East Asia and Oceania and Europe. Bison energy is committed to creating asustainable society by providing clean, green energy through the global development andinvestment in environmentally friendly renewable energy projects.
・URL：https://www.bisonenergy.net/【About Summit Energy Corporation】
Since 2001, Summit Energy provides electricity to its customers through comprehensive
operation of power generation, supply-demand management, and power retail.
The company will contribute to reducing environmental impact by further increasing thehandling volume of renewable energy, and to increasing the stability of the power system by
aggregating power from diverse renewable energy resources, efficiently regulating, anddistributing to customers.
・Headquarters: S-GATE Otemachi Kita 9F/10F, 2-3-4 Uchikanda, Chiyoda-ku, Tokyo・President and CEO: Masashi Kobayashi
・URL：https://www.summit-energy.co.jp (Japanese)【About Bourbon Corporation】
In November 1924, Kichizo Yoshida, a Japanese confectioner in Kashiwazaki, Niigata
Prefecture, established Kitanihon Seika after seeing the Great Kanto- Earthquake bring tohalt the supply of confectionery to its regional areas. In 1989 the company changed its nameto Bourbon Corporation after its well-known brand, aiming to become a company that takes
on global challenges from Niigata Prefecture. The company celebrates its 100th anniversary
in 2024. Bourbon develops, manufactures and sells cookies, chocolates, rice crackers,
candies and other confectionery products, as well as beverages, food products and frozen
desserts with the tagline “Great taste, Made with Love, Always.”.
・Headquarters: 1-3-1 Ekimae, Kashiwazaki City, Niigata Prefecture
・President: Yasushi Yoshida
・URL：https://www.bourbon.co.jp

<For inquiries regarding this press release>
Shizen Energy Inc., Public Relations Department
E-mail: se-comm@shizenenergy.net
Bison Energy GroupE-mail: info@bisonenergy.net

Summit Energy Corporation Administration Dept.
E-mail:soumu@summit-energy.co.jp
Bourbon Corporation Public Relations Section
E-mail: kouhou@bourbon.co.jp