Hiroshi Development, LLC Closes Initial $300 Million to Fund Renewable Energy and Technology Projects

Saturday, December 12th 2009
Hiroshi Development, LLC Closes Initial $300 Million to Fund Renewable Energy and Technology Projects

Hiroshi Development, LLC addresses an opportunity in the renewable energy market that neither traditional private equity nor venture capital investors currently address. Renewable energy financings require a strong understanding of project equity, senior and subordinated debt structures, regulatory compliance, fuel supply and power purchase agreements. Because of its unique structure and management team, HD has the necessary skills to successfully operate renewable energy assets in a cost effective manner.

“In an increasingly volatile energy market, HD believes that owning and operating renewable energy assets is an excellent hedge against rising oil and natural gas prices. HD offers investors a method to obtain above-average current income and capital appreciation,” said Charles A. Henderson. “No one questions the environmental benefits of renewable energy as an alternative source of power and fuel. Yet when you also consider the growth fundamentals and lack of legitimate pure play renewables companies, it becomes clear why HD is such a compelling investment opportunity.”

“Renewable and efficient energy is a growing and increasingly attractive investment opportunity, and HD’s innovative approach of focusing on the operation of renewable energy assets creates an ideal fit for us,” said Brian Midori, Managing Principle of Hiroshi Development, LLC.

HD will concentrate and focus on Fund II which is also structured towards financing Renewable Energy Projects as well as Commercial Developments. Even with the Credit Crunch HD has maintained a very strong reputation in terms of providing financing for it’s clients when other Financial Institutions were not able to do so.

HD is prepared to develop a 75 MGPY Corn Ethanol Facility in the West. The construction will start after the New Year, said Brian Midori.

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