SPIC Global

History

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State Power Investment Corporation (¡°SPIC¡±) proactively carries out the country¡¯s ¡°going globally¡± strategy, makes full use of ¡°two (domestic and international) markets and two kinds of (domestic and international) resources¡±, constantly intensifies research and layout of projects which are along the locations covered by ¡°One Belt, One Road¡± Initiative and has built remarkably stronger capabilities in aspects of investments in foreign power stations, cooperative development of resources and engineering services for power stations. Development landscape of SPIC has taken shape, and its size and scope are increasingly expanding.

 

 

By the end of June 2016, SPIC has 16 affiliated companies engaged in overseas business across 35 countries (regions) and established 42 foreign enterprises or entities, and its foreign assets have been up to RMB 35.4 billion. In the first half of 2016, revenue and profit generated by overseas investments totaled to RMB 778 million and RMB 57 million respectively.

 

The controllable installed capacity overseas is up to 1,262 MW, including green field projects of 106.2 MW and M&A projects of 1,155.8 MW. These projects are distributed in Chile, Australia, Malta, Myanmar, Japan and other countries.