Global Business Development Closes $13M WC Loan for Wind Power Projects

Global Business Development Division (“GBD”), a New York-based sales team at Mitsubishi HC Capital (U.S.A.) Inc. (“MHCUSA”), has closed a $13M working capital financing in November 2021 for large wind power projects outside the United States. MHCUSA is acting in concert with multiple international financial institutions to make this working capital facility available for new investments in wind power.

GBD, which mainly serves Japanese-owned companies in the US and multinational corporations with interests in Japan, and Mitsubishi HC Capital (U.S.A.) Inc. as a whole aim to increase its exposure to the green & clean energy sector.