Close
- Profile
- Message from Executive Officer
- About the Listed Infrastructure Market
- Structure
- Asset Manager Profile
Glossary
Listed Infrastructure Fund Market
Referred as investment fund market for renewable energy facilities in Japan.
Infrastructure Assets
Tokyo Stock Exchange (TSE) defines Infrastructure Assets as follows
- Renewable energy facilities
- Right to operate public infrastructures
- Other assets promulgated by the TSE (road, airport, and railways)
- Land and property rights necessary to operate assets in a) to c)
- Assets necessary to operate assets in a) to c)
- Terminology and format of financial statement to lease asset in a) and c) to e)
- Lease rights for asset in a) and c) to e)
- Trust beneficiary interests for asset in a) to g)
- Foreign asset equivalent for asset in a) to h)
Feed-in Tariff (FIT)
Requires Electric Utilities to purchase energy generated through renewable energy sources at the fixed rate for certain period of time.
For coverage of the costs of purchasing electricity generated by renewable energy sources, electric utilities collect surcharges from end users.
For coverage of the costs of purchasing electricity generated by renewable energy sources, electric utilities collect surcharges from end users.
Renewable Energy Act.
Referred as Act on Special Measures Concerning Procurement of Renewable Electric Energy by Operators of Electric Utilities (2011)
Operator
Person or party who have initiative role to control on operating asset.
Sponsor
Person or party who have initiative role to involve acquisition and operation of assets.
O&M Provider
Firms provide operation and maintenance service for renewable energy facilities.
Conduit Requirements
Requirements to satisfy taxation conduit in order for an investment fund to allow distribute profit for unitfolders as a loss without charging double taxations.
Surplus Earnings Distribution (Return of Capital)
Distribute a certain amount of depreciation to unitfolders as a return of capital.