The first energy public REITs in Northeast China region have started issuing.
On June 12, Huatai Three Gorges Clean Energy Closed-end Infrastructure Securities Investment Fund released its prospectus and officially started issuing. This product is the first energy public REITs project approved in the Northeast of China, and will be listed on the Shanghai Stock Exchange in the future. The project sponsor and original equity owner is the A-share listed company Three Gorges Energy, with the fund manager and special plan manager being Huatai Securities Asset Management. The underlying asset is the Three Gorges New Energy Dalian Zhuanghe III Offshore Wind Power Project, with a grid-connected capacity of 29.88 MW, making it the first fully grid-connected offshore wind power project in the Northeast of China.
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