PACIFIC MANAGEMENT RESOURCES

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ZHUJIANG (PEARL RIVER) POWER PLANT PHASE I

Client: China United Export Corporation (CUEC)
Location: China
Industry: Energy

Project Summary: PacMar provided management and consulting services, including the preparation of a U.S. standard Environmental Impact Assessment report and packaging a million loan proposal to the ADB’s private sector window.

Project Outcome: PacMar was instrumental in successfully securing $50M in funding from the ADB’s private sector window. The loan was the first of its kind by the ADB to China’s electrical power sector. An additional $200 million in syndicated loan was also arranged via the ADB. The Zhujiang Power Plant, providing 600 MW of electricity began commercial operations in 1994 and has been operating profitably ever since.

 

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