A Sonnedix unit arranged a 10.7 billion yen ($105.3 million) for a 30-megawatt solar project in Japan. Shinsei Bank Ltd. helped arrange the project financing, Sonnedix said in an e-mailed statement Monday.

Construction on the Yamada-Cho Mega Solar photovoltaic project in Iwate Prefecture is slated to begin by year-end and will be completed by early 2019. Daiwa House Industry Co. is the project’s engineering, procurement and construction contractor.

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