Yongxing Project Overview and Xinyuan Project Investment Highlights
Suyuan Project
Changshu City
923
$19
顾山镇
羊尖镇
$19
G4221
6204
0348
Suyuan Project
G524
梅李镇
尚湖镇
常熟市
古里镇
517
3204
G1522
沙家浜镇
"
G4221
G524
015
支塘镇
G228
璜泾镇
G15
Investment:
Total investment of ~RMB293 million, secured by RMB117 million in project equity.
About Suyuan Project:
Location: Changshu, Suzhou, Jiangsu province. The textile industry has been a mainstay
of Changshu's economy for the last 40 years with annual turnover of >RMB100 billion.
Capacity: 1×90 (t/h) +2×75t/h (steam) + 1XB7MW (electricity).
Customer mix: ~49 captive customers in printing & dyeing industries. Downstream
customers are recovering from the pandemic.
Investment Highlights:
Major upgrades: Operational performance and efficiency are expected to further improve
with completion of plant upgrades.
Promising addition to the GI portfolio, with a positive and growing impact on medium
to long term profitability. Projected to have attractive IRR.
Exclusive centralized steam supplier within its coverage area.
Steam and electricity businesses have grown steadily in past 4 years.
Post-acquisition demand for its steam is expected to grow due to the mandatory closure
of small "dirty" boilers and relocation of companies into the coverage area.
Established industry cluster in Changshu provides Suyuan Plant with a resilient and
attractive customer base.
3204
$48
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