PROJECT

Projects

Summary of Proposed Investment

Project Number

26586

Company Name

SANCHUAN ENERGY GROUP COMPANY LIMITED

Date SPI Disclosed

Jun 4, 2008

Country

China

Industry

Infrastructure

Projected Board Date

Jul 15, 2008

Status

Completed

Sector

Large Hydro - Renewable Energy Generation

Department

Regional Industry - INF Asia & Pac

Environmental Category

B - Limited

Previous Events

Approved : Nov 27, 2008
Signed : May 19, 2009
Invested : Jun 11, 2009

Project Description

The proposed project has two parts.

Part I is to:

- 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
- re-finance the existing short to medium term loans of the subsidiaries of Qiandaohu.

Part II is to a proposed IFC equity investment in Zhongda Yunshui Clean Energy Holding Co. (Yunshui Energy) which will be established 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.

Sponsor / Cost / Location

Development Impact