JIDA Capital is the general partner of CGN Fund III (The Fund), a successor fund in the CGN group with over RMB1.8 bn of committed capital targeting RMB 5bn at final close. CGN Fund III focuses on opportunities in the renewable energy and other sustainable development infrastructure assets in China which have long asset lives, stable cash flows and relatively low risk as well as performance that is typically uncorrelated to economic cycles.

The Fund is focused primarily on operating projects that are expected to yield long-term stable and predictable income as well as capital appreciation opportunities.

CGN Fund III is managed by an experienced team that brings many years of investment experience in the renewable energy space internationally and in China. In addition to their experienced team, JIDA Capital will also leverage CGN’s vast industrial strength and industry network to further support post-investment asset management.