At Tokyo signs 28MW virtual solar PPA with Mizuho Leasing and ML Power in Japan

Japanese operator At Tokyo Corporation signed a basic agreement on a virtual Power Purchase Agreement (PPA) with Mizuho Leasing and its subsidiary ML Power to offtake from a 28MW solar farm in Japan. Under the agreement, At Tokyo will receive non-FIT non-fossil fuel certificates from the solar power plant, which is invested in by a consolidated subsidiary of Mizuho Leasing. The initiative involves converting the 28MW solar facility, currently operating under the Feed-In Tariff (FIT) system, to the Feed-In Premium (FIP) system. This PPA supports At Tokyo's operations across its 13 data centers in Japan, including its 140,000 sqm Chuo Center (CC1) facility in Tokyo, which offers 70MW of capacity. The deal underscores At Tokyo's commitment to sourcing renewable energy for its digital infrastructure, leveraging Mizuho Leasing's investment in renewable energy assets.