CGN Energy International Holdings Co., Limited.

CGN Energy International Holdings Co., Limited (CGNEI) was established on November 21, 2017. It is CGN’s sole global platform for overseas non-nuclear clean energy development, investment and asset management.

 

CGNEI’s clean energy projects are widespread across 15 countries. It has formed up a number of high-quality regional profit centers and development platforms, and has a certain market share in Southeast Asia, Egypt, Bangladesh, France, South Korea, Brazil and other countries and regions.

 

CGNEI has initially formed the development layout of “One Horizontal and Two Verticals” in the world. “One Horizontal” means to take root in Malaysia, extending to the “Belt &Road” countries “horizontally”, including Bangladesh, Egypt, Pakistan and the United Arab Emirates. “Two Verticals” refers to take root in France and Brazil respectively, gradually radiating from Europe to Africa and South America to North America, and forming two “vertical” clean energy development belts.

As of the end of March 2022, CGNEI has 46 share-controlling projects, (45 in operation and 1 under construction) and 2 projects in which CGNEI has non-controlling interest. It has a consolidated installed capacity (share-controlling projects) of 13,252.2MW, of which 13,072.2MW is in operation, and 180MW under construction.

 

In terms of global assets, projects with long-term PPA (power purchase agreement) account for more over 90%, and the installed capacity ratio of emerging and developed markets is 7:3, which is at a reasonable and healthy level. In addition, CGNEI’s assets are at an advanced level in the country where the project is located.

 

In the multicultural context, CGNEI has always adhered to the principle of “inviting in” excellent overseas cultures and “bringing out” traditional Chinese culture and CGN corporate culture. CGNEI’s overseas employees are invited to China for professional trainings, business communication and corporate cultural exchanges. At the same time, on the occasions of traditional cultural festivals, CGNEI organizes thematic cultural activities to spread Chinese culture and promote mutual understanding and cultural integration.

 

Based on and relying on local communities, CGNEI has been actively fulfilling its social responsibilities and striving to be an authentic local company. CGNEI has provided more than 1,500 jobs in Malaysia, France, Brazil, Egypt, Bangladesh and other countries; and actively promoted local community development through the establishment of scholarships, bursaries, financial support and in-kind donations, etc., participated in and supported local culture, education, medical and sports endeavors.