November 8, 2021
SMFL MIRAI Partners Company, Limited
Sumitomo Mitsui Finance and Leasing Company, Limited
Investment in Greenhouse Technology Aquaculture Integrated Solar Power Generation Projectin Taiwan
SMFL MIRAI Partners Company, Limited (President: Tatsuro Terada; hereinafter “SMFL MIRAIPartners”), a wholly-owned subsidiary of Sumitomo Mitsui Finance and Leasing Company, Limited(President: Masaki Tachibana; hereinafter “SMFL”), has acquired shares and participates in the greenhouse
technology aquaculture integrated solar power generation project in Taiwan (the “Project”) .
The Project involves construction and operation of large-scale solar farms and shrimp farming business
which is operated inside of the solar power generation facilities. The Project is eligible for Feed-in Tariff
which is applicable to the solar generation facilities operated concurrently with fishery business. The
electricity from the Project will be sold to the publicly held Taiwan Power Company. This Project is locatedin the southwestern area of Taiwan and composed of more than sixty separate sites. The grid connection isscheduled to be conducted sequentially during December 2021 and June 2023. The Project’s total capacity is135.6MW which will be the largest among the aquaculture integrated solar power generation facilities inTaiwan.
Construction and operation of the power plants will be managed by Sunny Rich Power Company, Limited(hereinafter “Sunny Rich”), the main sponsor of the Project and the leading company in the aquaculture
integrated solar power generation business in Taiwan. Sunny Rich started the solar power generation
business in 2009, and over the recent years, mainly focuses on developing the greenhouse technology
aquaculture integrated solar power generation business. Sunny Rich has long been demonstrating anadvantage in the industrial solar power generation business including the procurement, construction,operation and maintenance of the solar facilities. As of September 2021, the total capacity of the solar power
generation and greenhouse technology aquaculture integrated solar power generation facilities owned by
Sunny Rich group is 88MW (38MW: under operation, 50MW: under construction).
SMFL MIRAI Partners participates in the Project as the second largest shareholder after Sunny Rich.
Sumitomo Corporation Taiwan, Ltd., a subsidiary of Sumitomo Corporation who is a major shareholder ofSMFL, has been supporting the Project from the early stage, and will provide its continuous support.
Introduction of renewable energies has been encouraged and developed in Taiwan, and the aquaculture
integrated solar power generation facility is one of the areas being especially focused by the Taiwanesegovernment. The Project aligns with the government’s energy policy and also contributes to the regional1

revitalization through the reconstruction of the fishery industry in depopulated areas.
SMFL, together with its strategic subsidiary, SMFL MIRAI Partners, provides various financing services
and schemes for renewable energy power generation projects, and is engaged in energy service businesses.
Both companies will contribute to the realization of a decarbonized society by expanding their renewableenergy business in Japan and overseas leveraging their expertise and alliances with partners.

＜Image of Greenhouse Technology Aquaculture Integrated Solar Power Generation Plant＞

Fishery farmAppearance of the plant<Project Outline>
Name of Project Company

Sunny Rich Multifunction Solar Power Co., Ltd.

Address

Da’an District, Taipei City, Taiwan

Site Location

Yizhu Township, Chiayi County / Neipu Township, Pingtung County /Yong’an District, Kaohsiung City / Taixi Township, Yunlin County, Taiwan

Generation Capacity

135.6MW

Scheduled grid connection

During December 2021 and June 2023 (commenced sequentially by eachsite）< Sunny Rich Company Outline>
Name

Sunny Rich

Headquarter

Da’an District, Taipei City, Taiwan

President

Kuei-Kuang, Chen

Date of foundation

2010

Business

Solar power generation business utilizing rooftops of agriculture andfisheryfacilities,

EPC

business(Engineering,ProcurementConstruction), O&M business (Operation and Maintenance）

2andFor inquiries about this project, please contact:
K. MiyataEnvironmental and Energy Business Division
SMFL Mirai Partners Co., Ltd.
Tel: +81-3-6695-8190
For inquiries about the media, please contact:
D. Yamamoto
Corporate Communications Dept.
Sumitomo Mitsui Finance and Leasing Co., Ltd.
Tel: +81-3-5219-6334

3