Update Regarding Hydroelectric Plant in Obanazawa City, Yamagata Prefecture

May 06,2021
Thank you for your continued support of Inawashiro Ski Resort.
We would like to share an announcement from Inawashiro Ski Resort's management company, DMC aizu.
"DMC aizu Co. Ltd. (headquarters: Inawashiro-machi, Yama-gun, Fukushima Prefecture; President & CEO: Shoji Endo) in partnership with Green Denryoku Engineering Co., Ltd. (headquarters: Marunouchi, Chiyoda-ku, Tokyo-to), a fellow subsidiary of IS Holdings, has taken out a Mezzanine Loan in preparation to build Nakazawa-gawa Hydroelectric Plant in Obanazawa-shi, Yamagata Prefecture. We are pleased to announce that construction has begun as of May 6th, 2021.
We have chosen to pursue these renewable energy endevors in order to further develop and revitalize the local economy, as well as to ensure the safety and wellbeing of both the local community and enviornment.
<(Photo depicting the Shinto blessing of the project site)>
(Obanazawa-shi Nakazawa Hydroelectric Plant Overview)
Project Location
Yamagata-ken, Obanazawa-shi, Oaza-Takahashi Aza-Yoshinosawa
Water and River System
Nakazawa River, Mogami River System
Estimated Max Power
Estimated Annual Power Generation
1,530,000kWh(equivalent to the annual electricity consumption of about 400 average households)
Preliminary Construction Start Date
May 6th, 2021
Full-scale Construction Start Date
May 20th, 2021
Operation Start Date
Around December 2021
(DMC aizu Co. Ltd., Company Overview)
Company Name
DMC aizu Co., Ltd
Fukushima-ken, Yama-gun, Inawashiro-machi Hayama 7105
Operating Areas
Fukushima-ken, Yama-gun, Inawashiro-machi (Inawashiro Ski Resort)
Fukushima-ken, Yama-gun, Kitashiobara-mura (Urabandai Ski Resort)
Fukushima-ken, Minamiaizu-gun, Minamiaizu-machi (Takahata Ski Resort and Michi-no-Eki Kirara 289)
Starting Capital
Company Representaitve
President and CEO: Shoji Endo
IS Holdings Co., Ltd: 100%
A pdf version of this press release can be found here.
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