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Zhongda Hydro II

Sector: Water Supply and Storage • Location: China

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project has two parts. Part I is to 1) finance five small hydropower stations with total installed capacity of 44MW and associated assets owned by Hangzhou Qiandaohu Hengxin Hydropower Development Co. Ltd. (“Qiandaohu”) in Zhejiang Province; and 2) re-finance the existing short to medium term loans of the subsidiaries of Qiandaohu. Part II is a proposed IFC equity investment in Sanc

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The project “Zhongda Hydro II” is an infrastructure initiative in the Water Supply and Storage sector, located in China. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

The proposed project has two parts. Part I is to 1) finance five small hydropower stations with total installed capacity of 44MW and associated assets owned by Hangzhou Qiandaohu Hengxin Hydropower Development Co. Ltd. (“Qiandaohu”) in Zhejiang Province; and 2) re-finance the existing short to medium term loans of the subsidiaries of Qiandaohu. Part II is a proposed IFC equity investment in Sanchuan Energy Development Co. Ltd. (“Sanchuan” or “The holding company”) which was established in 2009 to hold all the existing hydropower assets of the sponsor as well as to invest in new hydropower stations, including seven hydro stations with total capacity of 179MW currently in the pipeline for acquisition and development. In early 2010, Sanchuan acquired an operational asset located at the Mengnong river basin, Yunnan, China with an installed capacity of 39MW.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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