Yunnan Nengtou (002053.SZ) subsidiary plans to invest 2.65 billion yuan to construct the Yongning Wind Power Plant (Phase V) project.

China Fortune Financial News APP News, Yunnan Nengtou (002053.SZ) announced that its wholly-owned subsidiary Mile Yunengtou New Energy Development Co., Ltd. plans to invest in the construction of the Yongning Wind Farm (Phase V) project. The project has a construction scale of 54MW, with a total construction period of 6 months. After the project is put into operation, the annual grid-connected electricity amount is expected to be 109.33 million kWh, with an annual equivalent full-load hours of approximately 2025 hours. The total investment of the project is 265 million yuan, calculated at a grid-connected electricity price of 0.2894 yuan/kWh (tax included), the project's capital financial internal rate of return is 7.32%. The project's capital is calculated at 20% of the total investment, while the remaining funds will be raised through bank loans and other debt financing methods.