Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • China
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • New Development Bank (NDB)
Bank Risk Rating: U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower or Client: Government of the People's Republic of China, Fujian Investment and Development Group
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Energy
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 298.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD): $ 298.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

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Primary Source

Original disclosure @ NDB website
Updated in EWS: 2017-11-16
Pinghai (China)
NDB-pinghaichina

Project Description
According to NDB webite, the end-user/on-lendee is the Fujian Investment and Development Group. The development impact will be 250 MW Wind and 869,900 t CO2/year will be avoided.
Investment Description
Contact Information
NDB HEADQUARTERS SHANGHAI OFFICE 32-36 Floors, BRICS Tower 333 Lujiazui Ring Road, Pudong Area Shanghai – 200120 China For queries on working with NDB, please reach out to career@ndb.int.