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Next are our initiatives for renewable energy projects.
Based on the expansion of the cyclical reinvestment business, one of the growth strategies in the medium-term management plan, we are promoting investment in the area of infrastructure in earnest since the previous fiscal year.
In addition to solar power and wind power generation plants, we participated in the development plan of a biomass power generation plant with Chubu Electric Power Co., Inc. and others in September in Yonago, Tottori and secured projects steadily.
As of the end of September, we are working on a total of 32 projects including 10 plants in operation and 22 plants under development, and the balance of investments has also increased to ¥55.3 billion.
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