远景联合发起,市场首单清洁能源类持有型不动产ABS迎来首次分红
Xin Hua Cai Jing·2025-10-14 14:24

Core Viewpoint - The first clean energy real estate asset-backed securities (ABS) in China, "Yuanjing Energy ABS," has demonstrated strong performance with a high annual cash dividend rate, significantly outperforming existing public REITs in the renewable energy sector by nearly 40% [1][2]. Group 1: Performance and Financial Metrics - The underlying asset of Yuanjing Energy ABS, the Hebei Weixian Hengpeng Wind Power Project, reported an electricity generation of 150 million kWh over six months, with a utilization rate of 99.1% and an RBA income utilization rate exceeding 95% [1]. - The wind farm's electricity price is above the market average, providing stable revenue and green environmental benefits to investors [1]. Group 2: Market Context and Future Plans - Currently, there are eight publicly listed clean energy REITs in China, with a total fundraising amount of approximately 20 billion yuan, indicating a low market share compared to the overall public REITs [2]. - The market requires holding-type real estate ABS to complement public REITs, addressing specific financing needs related to energy transformation [2]. - Yuanjing Energy plans to package more quality renewable energy assets into standardized products for the capital market, aiming to normalize green asset securitization [2][3].