Zouping Peak CHP Co., Ltd

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Zouping Peak CHP Co., Ltd was established in July 2001. This 50MW, combined heat and power plant is sponsored by Peak Pacific Investment Company, a development company of which Alliant has a 93.5% stake, (70%) and state-owned Zouping Electric Power Xiwang Heat and Power Co., Ltd (30%). Contract term is for 20 years. Investment date was July 2001 and project cost was approximately USD26.9m (RMB223m). As of August 2001, Alliant's investments in China amounted to a total of 500MW spread across 9 projects. Total investments in these projects were approximately $150m. Most of these investments were made through Peak Pacific Investment Company. In 2001 alone, Peak acquired 3 new facilities. In August 2001, the IFC and Peak Pacific signed a US$25m ten-year loan to help fund the company's future investments in China. In February 2006, Banpu Power Limited acquired 91% shares of Alliant in Peak Pacific Investment for US$84 million.