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Yunnan Energy Investment: Changning Yuneng New Energy Co., Ltd. invests in the construction of the Changtian Wind Farm project
Yunnan Energy Investment announcement. In order to firmly seize strategic development opportunities and promote the strengthening, optimization, and expansion of the company’s new energy business, it has approved Changning Yuneng New Energy Co., Ltd. to invest in and build the Changan Wind Power Project. The project will have an installed capacity of 43.75 MW, with a total investment of 259 million yuan (including 13.125 million yuan in working capital). The project’s equity capital shall be calculated at 20% of the total investment; the remaining funds shall be raised through debt financing methods such as bank loans.