Ge Long Hui A P P·2025-12-12 10:56Core Viewpoint - China Energy Engineering Corporation (中国能建) plans to invest in a 1GW photovoltaic project in Uzbekistan, which includes two 500MW projects in Bukhara and Kashkadarya regions, with total investments of approximately RMB 47.11 billion [1][2] Group 1: Project Details - The Bukhara project (布州项目) has an investment amount of approximately RMB 23.34 billion, while the Kashkadarya project (卡州项目) has an investment amount of approximately RMB 23.77 billion [1] - The company established two wholly-owned subsidiaries, Energy China Dutch Investment B.V. and Oasis Renewable Energy Investment B.V., to facilitate the project development [1] Group 2: Financing Arrangement - The project companies have signed financing agreements with a syndicate of banks, including China Construction Bank, Bank of China, Export-Import Bank of China, and China Minsheng Bank, securing loan amounts of RMB 16.54 billion for the Bukhara project and RMB 16.84 billion for the Kashkadarya project [2] - The loans have a term of 15 years, with the project companies pledging all their assets, contract rights, bank accounts, and equity as collateral to the financing banks [2] - The upper-tier Dutch companies' equity and shareholder loan rights are also pledged to the financing banks, and the project is insured under China Export & Credit Insurance Corporation [2]