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Shandan County Xiuhuamiao Wind Farm Project

Sector: Wind • Location: China

Source: World Bank Group

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The Shandan County of Gansu Province started wind surveying in 2008. In September 2011, construction of the 49.5MW Xiuhuamiao Wind Farm Project sponsored by the China WindPower Group Ltd. commenced. It is an important part of the 5,000MW power development program of Zhangye City. China WindPower had a 100% stake in the project. The total investment was RMB 420 million (US$ 64.19 million). The proj

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The project “Shandan County Xiuhuamiao Wind Farm Project” is an infrastructure initiative in the Wind sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The Shandan County of Gansu Province started wind surveying in 2008. In September 2011, construction of the 49.5MW Xiuhuamiao Wind Farm Project sponsored by the China WindPower Group Ltd. commenced. It is an important part of the 5,000MW power development program of Zhangye City. China WindPower had a 100% stake in the project. The total investment was RMB 420 million (US$ 64.19 million). The project had been approved by the local government in August 2011. The debt/equity ratio of the project is 4, with debt financing coming from the China Industrial and Commercial Bank.

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