HEXA Renewables Japan Signs Corporate PPA with Chubu Electric Power Miraiz for Solar Power in the Chubu Region

Tokyo, Japan – October 27, 2026
HEXA Renewables Japan Co., Ltd. (Representative Director: Chenhua Shen; “HEXA Renewables Japan”), a group company of HEXA Energy Services G.K. (Head Office: Chiyoda-ku, Tokyo; Executive Managers: Yuko Shah and Yoichiro Mizuta; “HEXA Energy Services”), is pleased to announce that it has entered into a framework agreement and a first off-site corporate power purchase agreement for solar power (the “PPA”) with Chubu Electric Power Miraiz Co., Ltd. (President: Osamu Nakagawa; “Chubu Electric Power Miraiz”).

The PPA forms part of HEXA Renewables Japan’s plan to develop distributed solar power plants in the Chubu region with a total generation capacity of approximately 20,000 kWdc, targeting development during fiscal year 2027. Under the PPA, Chubu Electric Power Miraiz will purchase renewable electricity and associated environmental attributes supplied by solar power plants managed by HEXA Energy Services through HEXA Renewables Japan and will supply them to its customers.

As members of the I Squared Capital group, which operates infrastructure businesses in more than 70 countries, HEXA Energy Services and HEXA Renewables Japan will draw on global expertise and extensive experience to provide energy solutions tailored to Japan’s specific energy challenges and the need to reduce greenhouse gas emissions.

■Comment from the CEO

“We are very pleased to have entered into this framework agreement and the first off-site corporate PPA of 20,000 kWdc with Chubu Electric Power Miraiz. This agreement marks our first solar PPA initiative in the Chubu region and represents an important step in expanding our renewable energy business in the region. As the Chubu region, one of Japan’s major industrial hubs, seeks to balance a stable power supply for industrial activity with decarbonization, we aim to contribute to the region’s sustainable development by supplying clean electricity generated from solar power. We will continue to invest in and develop energy infrastructure, including solar power and battery energy storage, and work with trusted partners to support Japan’s energy transition and the realization of a sustainable society.”

■Outlook

HEXA Energy Services and HEXA Renewables Japan will continue to support the deployment of renewable energy and corporate decarbonization by providing corporate PPAs and other energy

solutions.