Lingang (China) (NDB-lingang-china)

Countries
  • China
Where the impacts of the investment may be experienced.
Financial Institutions
  • New Development Bank (NDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of the People's Republic of China, Shanghai Lingang Hongbo New Energy Development Co. Ltd
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 81.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 81.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ NDB website

Updated in EWS Nov 16, 2017


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Project Description
The target sector of the project is Renewable energy (solar rooftop PV) and the development impact will be 100 MW Solar and 73,000 t CO2/year will be avoided.
Investment Description
  • New Development Bank (NDB)
Contact Information
NDB HEADQUARTERS SHANGHAI OFFICE 32-36 Floors, BRICS Tower 333 Lujiazui Ring Road, Pudong Area, Shanghai – 200120, China For further information, comments or suggestions please reach out to us at info@ndb.int.