新华财经北京10月14日电（记者安娜）近日，市场首单清洁能源类持有型不动产资产支持证券——"泰 康资产-财通-远景新能源持有型不动产资产支持专项计划（碳中和）"（下称"远景能源ABS"）迎来首次 收益分配。在底层资产保留足够流动资金的前提下，本次远景能源ABS的年化现金派息率仍保持在较高 水平，相比目前已发行的新能源公募REITs产品的平均收益率高出近四成，充分展示了优质持有型不动 产ABS在绿色金融市场的强劲表现。 "从市场痛点发，我们携手上交所及其他合作伙伴共同推动了远景能源ABS的上市发行。通过对风电资 产份额化处理，更好地适配制造业中小客户的电力脱碳需求。"远景能源新业务部总经理杨敏骅表示， 首次收益分配的不俗表现也再次坚定了远景后续将更多优质新能源资产打包成标准化产品进入资本市 场，推动绿色资产证券化常态化的信心。同时，远景能源ABS的扩募计划也已提上日程，相关推进工作 已经启动，有望年内完成。 未来，远景将持续探索推动绿色基础设施资产的标准交易机制，在满足更多高耗能企业的绿电需求同 时，让更多长期资本共享新能源高质量发展的稳健回报，杨敏骅表示。 （文章来源：新华财经） 资料显示，目前，我国已成功上 ...

Core Insights - The successful issuance and listing of the "Yuanjing Energy ABS" marks a significant breakthrough in the securitization of wind power assets, paving the way for more high-quality wind power assets to be packaged into standardized products for the capital market [3][6] - The project aims to establish a standard trading mechanism for green infrastructure assets and promote the normalization of green asset securitization in the context of the wind power industry [3][9] Group 1: Project Overview - The underlying asset of Yuanjing Energy ABS is the Weixian Hengpeng Wind Power Project, which is set to achieve full capacity grid connection by the end of 2024 [5][6] - The project, located in Handan City, Hebei Province, has a total installed capacity of 100 MW, featuring 17 EN-200/5.5MW and 1 EN-182/6.5MW wind turbines [6][10] Group 2: Operational Innovations - The project has shifted its operational focus from "production" to "revenue," emphasizing revenue utilization rates (RBA) over energy utilization rates (EBA) [10][12] - Utilizing advanced weather prediction models, the project can accurately forecast annual electricity generation with an error margin of less than 5% [13][16] - The trading model leverages real-time market analysis to achieve higher settlement prices, with the project’s market trading price at 0.437 yuan/kWh, exceeding the benchmark price by approximately 0.01 yuan [14][23] Group 3: Risk Management and Performance - The project incorporates a comprehensive health monitoring system for key components, enhancing risk management and operational safety [15][19] - The integrated operation model allows for optimized planning and response to market signals, resulting in an annual revenue increase of 12 yuan/kW compared to traditional models [20][23] - Over the past six months, the Weixian Hengpeng project has generated 150 million kWh of electricity, achieving a utilization rate of 99.1% and an RBA above 95%, providing stable returns for investors [23]

Core Insights - The asset securitization market is experiencing a decline in both existing and new issuance volumes, yet the number of trust companies participating in this sector continues to grow, indicating a shift in focus towards asset securitization as a mainstream business for the trust industry [1][2] Group 1: Knowledge Property Securitization - In April 2023, a significant knowledge property securitization project led by China Foreign Trade Trust was successfully issued, with a total framework size of 1 billion yuan, marking it as the largest project in Chongqing covering nine high-tech enterprises [2][3] - From 2018 to August 2024, a total of 153 knowledge property securitization products have been issued in China, with a cumulative scale of 29.148 billion yuan, highlighting the growing interest in this area despite overall market adjustments [3][4] Group 2: Asset Types and Regulations - The implementation of the "Three Classification New Regulations" in 2023 has diversified the types of assets that can be securitized, including loans, receivables, and royalties, which can generate predictable cash flows [4][5] - The green asset securitization market has seen significant growth, with a scale reaching 90.947 billion yuan, reflecting the industry's commitment to supporting green initiatives [4] Group 3: Challenges and Opportunities - Trust companies face increasing competition in the asset securitization space, necessitating improvements in their full-chain service capabilities and professional expertise to enhance their market position [6][7] - There is a growing trend for trust companies to explore personal consumption loan asset securitization, driven by the demand from internet platforms for new issuance opportunities [5][6]