Core Viewpoint - The project represents a significant collaboration between China, Argentina, Germany, and France, showcasing a model for global green energy cooperation and contributing to foreign investment stability [1] Group 1: Project Overview - China Export & Credit Insurance Corporation (Sinosure) issued a medium to long-term export buyer's credit insurance policy for Shanghai EnDe Wind Power Co., Ltd.'s 63MW wind power project in Argentina [1] - The project is characterized as a "small but beautiful" wind power equipment export initiative, with over 60% Chinese components [1] - It is expected to provide approximately 200 million kilowatt-hours of clean electricity annually and create over 300 job opportunities locally [1] Group 2: Financial and Risk Management - Sinosure provided 95% coverage for both political and commercial risks associated with the export buyer's credit insurance, allowing for a flexible business contract structure [1] - The generated electricity will be supplied to local industrial enterprises through a long-term Power Purchase Agreement (PPA) and sold to other customers via Argentina's renewable energy regular market (MATER) mechanism [1] - To mitigate the adverse effects of Argentina's inflation and currency exchange issues, Sinosure and financing banks customized a debt service reserve account pledge as a guarantee measure [1] Group 3: International Collaboration - This project marks the first collaboration between Sinosure, YPF Luz, and EnDe Energy, integrating resources from four countries: China (insurance and manufacturing), Germany (technology), France (funding), and Argentina (ownership) [1] - The initiative serves as a new model for global green energy cooperation and demonstrates Sinosure's role in stabilizing foreign investment [1]
中国信保承保恩德风电出口阿根廷风电设备项目
Jin Rong Shi Bao·2025-07-31 02:29