# Kingdom has executed its first long-term project finance loan facility for its Mimasaka project.

*fintech · news · 2026-04-07 · The Manila Times*

## Key points

- Kingdom has secured its first long-term project finance loan for the Mimasaka BESS project.
- The Mimasaka project is the first of Kingdom's nine Japanese BESS projects to reach project financing.
- All nine Kingdom BESS projects in Japan have secured 20-year revenue contracts from the Decarbonization Auction.
- The Mimasaka project uses batteries supplied by CATL, the world's largest battery manufacturer.

**Companies:** MUFG Bank, Ltd., CATL, Stonepeak, Kingdom
**Countries:** Japan, Singapore, United States

[Read the full story on The Manila Times](https://www.manilatimes.net/2026/04/07/tmt-newswire/globenewswire/kingdom-energy-storage-platform-backed-by-stonepeak-executes-first-project-financing-facility/2315053)

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