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Geothermal District Heating Project

Sector: Water Supply and Storage • Location: China

Source: Asian Development Bank (ADB)

Project

The project involves (i) a loan of up to US$200 million equivalent to Sinopec Green Energy Geothermal Development (SGE) to support the company's construction and operation of a series of geothermal-based district heating networks; (ii) a loan of up to US$50 million to Arctic Green Energy , a shareholder in SGE, to refinance certain existing debt which restricts AGE's ability to invest in SGE's exp

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Project Information

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The project “Geothermal District Heating Project” is an infrastructure initiative in the Water Supply and Storage sector, located in China. Taiyo aggregates data on it from Asian Development Bank (ADB).

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Participants

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Description

Description

The project involves (i) a loan of up to US$200 million equivalent to Sinopec Green Energy Geothermal Development (SGE) to support the company's construction and operation of a series of geothermal-based district heating networks; (ii) a loan of up to US$50 million to Arctic Green Energy , a shareholder in SGE, to refinance certain existing debt which restricts AGE's ability to invest in SGE's expansion.

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Source reliability

High

Data quality score

100%

Source

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URL

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