Waste Incineration Power Generation in Hebi Vein Industrial Park

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This project is located in the north and city vein industrial park of Caizhuang Village, Qibin District, Hebi City, including Hebi Municipal Solid Waste Incineration Power Generation Project (new construction project) and Hebi Caizhuang Waste Treatment Co., Ltd. assets (inventory assets). Of which: the incineration plant of Hebi Municipal Solid Waste Incineration and Power Generation Project sets up two 500t / d incinerators, two waste heat boilers, the rated evaporation of a single boiler is 45t / h, and one steam turbine generator set with a capacity of 18MW . Total investment stands at $ 83.76 million. SPV is Chengfa Environmental Energy (Hebi) Co., Ltd., a JV between the government company Hebi Economic Construction Investment Group Co., Ltd. (30%), and the private ones Henan Chengfa Environment Co., Ltd. (68%), China Power Construction Corporation Henan Engineering Co., Ltd. (1%) and Shanghai Kangheng Environment Co., Ltd. (1%). Concession period is 30 years. Financial close took place on July 5, 2019.