Oceania, Central and South America
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Australia
Pacific Hydro
100 MW Haughton PV Power Plant
In January 2016, China Power International Holding, a subsidiary of SPIC, closed the transaction of the acquisition of 100% equity in the Australia-based Pacific Hydro. Its assets were distributed in Australia, Chile and Brazil, with an installed capacity of 900 MW and a development pipeline of 1,517 MW. Upon completion of the transaction, SPIC's installed wind and hydro power capacity in Australia reached 414 MW and 43 MW respectively, making it the second largest wind power operator in the country. SPIC later acquired the 106.8 MW Taralga Wind Farm in the same year. In June 2018 and August 2019, Yaloak 28.7 MW Wind Farm and Crowlands 80 MW Wind Farm were put into commercial operation, respectively. In August 2019, Haughton 100 MW PV Power Plant achieved full capacity grid connection.
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Brazil
Pacific Hydro Project
After the equity acquisition transaction of the Pacific Hydro was completed, SPIC
acquired two wind farms, namely Millennium and Vale dos Ventos Wind Farms,
in Brazil, with a total installed capacity of 58.2 MW.São Simão Hydroelectric Power Plant
São Simão Hydroelectric Power Plant
In November 2017, SPIC won the auction for the 30-year concession right to operate Brazil's São Simão Hydroelectric Power Plant in the lowest premium and later completed the transaction. With a total installed capacity of 1.71 GW, this hydropower plant, the ninth largest of its kind in the country, is located on the Parana¨ªba River at the junction of Goi¨¢s and Minas Gerais, about 250 km from the Uberlândia. Downstream is the Ilia Hydropower Plant (concessioned by China Three Gorges Corporation), and upstream the Cachoeira Dourada Hydropower Plant. With the mission of generating electricity and preventing floods, it currently has six 285 MW units with provisions for four additional units, and the eventual capacity will reach 2.85 GW. The construction commenced in 1973 and it was put into operation in 1978, with an average annual availability of 6,163 hours and a multi-year average design generation capacity of 10.538 TWh.
The upstream controlled area of the São Simão Hydroelectric Power Plant covers 171,370 km², with a reservoir area of 703.29 km² and a multi-year average flow rate of 2,380 m³/s. The normal storage level of the power plant is 401 m; the maximum flood level is 401.8 m, corresponding to the reservoir capacity of 12.54 billion m³; the dead water level is 390.50 m, corresponding to the reservoir capacity of 7 billion m³; the reservoir regulation capacity is 5.54 billion m³, capable of seasonal regulation.
Equity Participation in Brazil's GNA Gas-fired Power Plant
GNA I Gas-fired Power
PlantIn January 2021, China Power International Holding, a subsidiary of SPIC, acquired 33% of equity of Brazil's G¨¢s Natural Açu (GNA) Gas-fired Power Plant. With a planned total installed capacity of 6.4 GW, the project is located in Port Açu, Rio de Janeiro, consisting of a four-phase gas-fired power plant and supporting facilities. The 1,338 MW GNA I was put into operation in September 2021. Together with the 1,681 MW GNA II, which is under construction, the two phases combined will become the largest gas-fired power generation project in Latin America upon completion. Phases III and IV are planned to have an installed capacity of 3.4 GW and preparations are made to participate in subsequent tariff bidding in the Brazilian regulatory market. Together with other shareholders such as Brazil's Prumo Logistics, Siemens Energy and BP, SPIC will facilitate the subsequent project development, construction and operation.
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Mexico
Zuma Energia
49.5 MW Ingenio Wind Farm
In November 2020, SPIC acquired Zuma Energia, a large Mexican renewable power company, which currently owns four renewable energy projects with a total installed capacity of 818 MW in service. The acquisition marks the first major direct investment by a Chinese power company in the Mexican power market and the largest renewable energy M&A project in Latin America in 2020.
162 MW Orejana PV Power Plant
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Chile
Pacific Hydro Project
80 MW Punta Sierra Wind Farm
In January 2016, China Power International Holding, a subsidiary of SPIC, closed the transaction of the acquisition of 100% equity in the Australia-based Pacific Hydro. Its assets were distributed in Australia, Chile and Brazil, with an installed capacity of 900 MW and a development pipeline of 1,517 GW. Upon completion of the transaction, SPIC's installed hydropower capacity in Chile reached 492 MW, making it the third largest hydropower operator in Chile. In August 2018, Chile's 80 MW Punta Sierra Wind Farm, developed by China Power International Holding, was put into operation.
