We would like to take this opportunity to express our gratitude to our valued unitholders for their continued patronage of Enex Infrastructure Investment Corporation (“EII”) .

EII was listed on the Infrastructure Funds Market of the Tokyo Stock Exchange on February 13, 2019, with the support of all unitholders as well as other stakeholders. EII is already in its third fiscal year, and a little more than one year has elapsed since my appointment.

The asset size of listed infrastructure funds including EII is steadily increasing against the backdrop of social needs for renewable energy and investments in such energy. The Tokyo Stock Exchange Infrastructure Funds Index was announced as an indicator of trends of the entire TSE infrastructure fund market in April 2020, and an investment trust targeting listed infrastructure funds was formed in September 2020.

EII is also steadily incorporating sponsor pipelines, and its asset size will increase at once upon incorporating Matsusaka Solar Power Plant, which is one of the largest solar power plants in Japan. Furthermore, EII is proactively conducting activities such as issuance of green equity and promotion of distribution of CO2-free power sources to enhance evaluation for renewable energy.

Under such circumstances, Prime Minister Suga declared that the Japanese government aims to achieve carbon neutrality in 2050 and announced at the Global Warming Prevention Headquarters and the One Planet Summit the goal of reducing greenhouse gases by 46% compared with fiscal 2013 in fiscal 2030. Social expectations over ESG are further increasing, and we feel that the social expectations for and responsibilities of infrastructure investment corporations are increasing more and more.

EII will provide investment opportunities with long-term stability to its unitholders through investments in renewable energy power generation facilities, etc., as well as provide opportunities for unitholders to take part in contribution to the global environment and the realization of a sustainable society with the expansion of power generation using renewable energy.

We ask for your continued support and encouragement going forward.