CGN Capital Partners Infrastructure Fund III
JIDA Capital is the General Partner of CGN Capital Partners Infrastructure Fund III (“CGN Fund III”).
Incorporated in Qianhai, Shenzhen, CGN Fund III is an unlisted private equity infrastructure fund focusing on renewable energy and infrastructure assets in China.
CGN Fund III investment strategy is to invest predominantly in renewable energy spectrum, with a focus on wind, solar and hydro power generation assets, which offer sustainable yields and moderate capital growth over a medium-term investment horizon.
CGN Fund III has secured commitments from a range of institutional investors including three of China’s largest banks, two of China’s largest insurance companies, two of China’s largest asset management companies, a UK listed global utility and infrastructure investment company as well as CGN Group and China Three Gorges Group. CGN Group and China Three Gorges Group are two of China’s largest clean energy power companies that focus on investing and operating assets in the Fund’s target sectors.
As at December 2017, we have reviewed over 20,000MW of renewable energy projects across China, and invested and/or committed to invest over US$280 million of risk capital in 640MW of renewable energy assets in Shangdong, Hebei and Yunnan.