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China General Nuclear Power New Energy

company 1 Deal 6 Partners

China General Nuclear Power New Energy (CGN New Energy) is a leading clean energy company, a subsidiary of CGN Group, primarily engaged in the development, construction, operation, and management of wind, solar, and other non-nuclear clean energy projects. The company focuses on expanding its renewable energy portfolio both domestically and internationally, aiming to be a major player in the global energy transition.

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Founded 2014 5,100 employees Parent: China General Nuclear Power Group (CGN Group)
Renewable Energy Developer & OperatorDeveloperOperatorInvestor

Strategic Overview

  • CGN New Energy is a key vehicle for CGN Group's non-nuclear clean energy expansion.
  • The company has a strong focus on both domestic growth in China and strategic international expansion, particularly in Asia, Europe, and Africa.
  • Their strategy includes both greenfield development and acquisition of operational assets to grow their installed capacity.

Deal Activity from Public Sources

Acquisition of 100% equity interest in a solar power project company in China
Acquisition Solar PV China November 2023
Acquisition of 100% equity interest in a wind power project company in China
Acquisition Onshore Wind China August 2023
Acquisition of 100% equity interest in a wind power project company in China
Acquisition Onshore Wind China June 2023

Investment Focus

Technologies
Solar1
Geography
China1

Key People

Yang Changli
Chairman
Zhang Jian
President
Li Yikang
Chief Financial Officer
Lin Jian
Executive Director
Chen He
Executive Director

Track Record

31,500
MW Total
10
Years Active
Notable projects: Numerous wind and solar farms across China, Wind projects in South Korea, Ireland, UK, Australia, Egypt, Pakistan, Solar projects in Malaysia, Bangladesh

Detailed Analysis

Technologies
Onshore WindOffshore WindSolar PVHydropowerBiomassBattery Storage
Sectors
Energy TransitionUtilities
Geographies
ChinaSouth KoreaMalaysiaEgyptBangladeshPakistanFranceBrazilIrelandUK
Deal Stage
GreenfieldBrownfieldOperating
Track China General Nuclear Power New Energy