Pattern Energy Group LP (Pattern Energy) and its affiliate in Japan, Green Power Investment Corporation (GPI), announced it has completed financing and begun full construction of its 112MW Ishikari Offshore Wind project, located approximately three kilometers from the shore of the Ishikari Bay in Hokkaido, Japan. Ishikari Wind will feature a battery storage component with 100 MW x 180 MWh of capacity.The financing facility was jointly arranged by MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, Limited, Mizuho Bank, Ltd., Development Bank of Japan Inc., Societe Generale, and Shinsei Bank, Limited.
The Ishikari Offshore Wind will utilise 14 Siemens Gamesa 8.0 MW wind turbines. The offshore wind project, and accompanying battery storage component, is expected to reach commercial operation in December of 2023. The project has a 20-year power purchase agreement with Hokkaido Electric Power Network, Inc. for 100% of the power output.