Recently, Concord New Energy Group and its asset-management arm, Concord Asset Management, jointly launched an RMB 1.8 billion new-energy investment fund in partnership with Taikang.
According to the companies, the fund will focus on actively developing and investing in high-quality new-energy power projects, including wind power, photovoltaics, and energy storage.
This collaboration integrates the professional strengths of both the industrial and financial sectors.
As the industrial cornerstone, Concord New Energy and its asset-management subsidiary contribute nearly two decades of industry experience, along with proven project evaluation systems and technical standards. These assets help ensure project quality and safeguard stable operations and cash flows.
Taikang, serving as the capital cornerstone, provides long-term and steady financial support that aligns well with the characteristics of new-energy assets. Leveraging its financial expertise, Taikang will help drive strong integration between insurance capital and the real economy.
The establishment of this fund represents an innovative cooperation model between capital and industry in the new-energy sector. Through this platform, Concord New Energy will upgrade from being a single “power-plant investor and operator” to taking on a dual role as both “operator and professional asset manager.” Looking ahead, the fund will accelerate investment deployment and inject fresh momentum and vitality into the green transformation of the energy structure.
Source：EnergyTrend