2022:
2023:
2024:
| Expansion | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Loans | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Underwriting | 2022 | 2023 | 2024 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jinneng Group Co LtdDatong Coal Group Tie Feng Coal Industry Co Ltd, Jinneng Hold Coal Industry Group Co Ltd, Jinneng Holding Coal Group Co Ltd, Jinneng Holding Equipment Manufacturing Group Co Ltd, Jinneng Holding Power Group, Jinneng Holding Shanxi Coal Industry Co Ltd, Otog Front Banner Hengyuan Investment Industrial Co Ltd, Qinshui Xinhai Energy Co Ltd, Shanxi Coal Transportation and Sale Group Dongda Energy Co Ltd, Shanxi Coal Transportation and Sales Group, Shanxi International Electricity Group Ltd Co, Top Energy Co Ltd Shanxi | Power, Mining | $456M | $433M | $155M | $456M | $433M | $155M | $1,044M | |||||||||||||||||
| Huadian Energy Co Ltd | Power | $757M | $757M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $757M | |||||||||||||||||||
| Shaanxi Coal and Chemical Industry Group Co LtdChang'an Electric Power Huazhong Power Generation Co Ltd, Shaanxi Binchang Mining Group Co Ltd, Shaanxi Coal Chemical Group Fugu Energy Investment Co Ltd, Shaanxi Coal Chemical Group Xinyang Power Co Ltd, Shaanxi Coal Chenghe Mining Co Ltd, Shaanxi Coal Group Yulin Chemical Co, Shaanxi Coal Industry Co Ltd, Shaanxi Coal Power Group Co Ltd, Shaanxi Coal Power Shanggao Co Ltd, Shaanxi Shaanmei Huangling Mining Industry Co Ltd, Shaanxi Shanmei Hancheng Mining Industry Co Ltd | Power, Mining, Infrastructure | $195M | $85M | $310M | $195M | $85M | $310M | $590M | |||||||||||||||||
| Xuzhou Mining Group Co LtdJiangsu Xukuang Energy Co Ltd, Xilin Gol Suneng Baiyinhua Power Generation Co Ltd | Power | $520M | $<1M | Not On GCELChange in Company Structure | $520M | $<1M | $520M | ||||||||||||||||||
| China Huadian Corporation LtdChina Huadian Capital Holdings Co Ltd, China Huadian Finance Co Ltd, China Huadian Hong Kong Co Ltd, China Huadian Overseas Asset Management Co Ltd, China Huadian Overseas Development Management Co Ltd, China Huadian Overseas Development 2018 Ltd, Fujian Huadian Furui Energy Development Co Ltd, Fujian Huadian Kemen Power Generation Co Ltd, Gansu Wansheng Mining Co Ltd, Huadian Coal Industry Group Co Ltd, Huadian Energy Co Ltd (GCEL 2023, GCEL 2024), Huadian Financial Leasing Co Ltd, Huadian Gansu Energy Co Ltd, Huadian (Golmud) Energy Co Ltd, Huadian Jiangsu Energy Co Ltd, Huadian Kashgar Energy Co Ltd, Huadian Liaoning Energy Co Ltd, Huadian Shaanxi Energy Co, Huadian Xinjiang Power Co Ltd, Huadian Yunnan Power Generation Corp, Inner Mongolia Mengtai Buliangou Co Ltd, PT Huadian Bukit Asam Power, Shanxi Jinxing Energy Co Ltd, Shenmu Longde Mining Co Ltd, Xinjiang Hami Yinggema Coal Power Investment Co Ltd, Xinjiang Huadian Tianshan Green Energy Co Ltd | Power, Mining | $112M | $85M | $108M | $112M | $85M | $108M | $305M | |||||||||||||||||
| China Datang Corporation LtdChina Datang Energy Investment Co Ltd, Datang Environment Industry Group Co Ltd, Datang Henan Power Generation Co Ltd, Datang Hulun Buir Energy Development Co Ltd, Datang Jiangsu Power Generation Co Ltd, Datang Jilin Power Generation Co Ltd, Datang Shaanxi Fugu Coal Power Co Ltd, Datang Shaanxi Power Generation Co Ltd, Datang Shandong Power Generation Co Ltd, Datang Yanan Power Generation Co Ltd, Datang Yuncheng Power Generation Co Ltd, Guangdong Datang International Leizhou Power Generation Co Ltd, Guangxi Guiguan Electric Power, Jiangsu Datang International Lvsigang Power Generation Co Ltd | Power, Mining | $108M | $188M | Not On GCELChange in Company Structure | $108M | $188M | $296M | ||||||||||||||||||
| Power Construction Corp of China / PowerChinaBangladesh Barisal Power Co Ltd, China Power Construction Panzhou Low Calorific Value Coal Power Generation Co Ltd, Dianjian International Finance Ltd, Port Qasim Electric Power Co, Power Construction Corp of China Ltd, SEPCO III Electric Power Construction Corp (GCEL 2022, GCEL 2023), SEPCO Virgin Ltd, Sinohydro Corporation (PowerChina International Group Ltd) | Power | $263M | $1M | $263M | Not On GCELChange in Company Structure | $1M | $264M | ||||||||||||||||||
| Pingdingshan Tianan Coal Mining Co LtdPingdingshan Tianan Coal Mining Co Ltd (GCEL 2023, GCEL 2024) | $211M | Not On GCELChange in Company Structure | $211M | Not On GCELChange in Company Structure | $211M | ||||||||||||||||||||
| China Energy Investment Corporation (CHN Energy)Beijing Guodian Power Co Ltd, China Energy Group Ningxia Coal Industry Co Ltd, China Shenhua Energy Co Ltd (CSEC), CHN Energy Changyuan Electric Power Co Ltd, CHN Energy Fujian Energy Co Ltd, CHN Energy Gansu Electric Power Co Ltd, CHN Energy Guoyuan Power Co Ltd, CHN Energy Hangjin Energy Co Ltd, CHN Energy Henan Power Co Ltd, CHN Energy Huabei Power Generation Co Ltd, CHN Energy Liaoning Electric Power Co Ltd, CHN Energy Ningxia Power Co Ltd, CHN Energy Shaanxi Power Co Ltd, CHN Energy Sichuan Power Generation Co Ltd, CHN Energy Xinjiang Energy Co Ltd, CHN Energy Xinjiang Shenhua Mining Co Ltd, CHN Energy Yunnan Power Co Ltd, GD Power Development Co Ltd, Guodian Haerbin Thermoelectricity Co Ltd, Guoneng Baoding Power Generation Co Ltd, Guoneng Changyuan Hanchuan Power Generation Co Ltd, Guoneng Changzhou Power Co Ltd, Guoneng Chenjiagang Power Generation Co Ltd, Guoneng Elion Energy Co Ltd, Guoneng Fuzhou Thermal Power Co Ltd, Guoneng Guangtou Beihai Power Generation Co Ltd, Guoneng Hebei Cangdong Power Co Ltd, Guoneng Jilin Thermal Power Co Ltd, Guoneng Minquan Thermal Power Co Ltd, Guoneng (Quanzhou) Thermal Power Co Ltd, Guoneng Shenhua Jiujiang Power Generation Co Ltd, Guoneng Shenwan Chizhou Power Generation Co Ltd, Guoneng Shenwan Energy Co Ltd, Guoneng Shouguang Power Generation Co Ltd, Guoneng Shuangliao Power Generation Co Ltd, Guoneng (Tianjin) Dagang Power Plant Co Ltd, Guoneng Tongling Power Generation Co Ltd, Guoneng Yuedian Taishan Power Generation Co Ltd, Guoneng Zhejiang Zhoushan Power Generation Co Ltd, Guoneng Zhongwei Thermal Power Co Ltd, Guoneng Zhunneng Group Co Ltd, Hebei Hengfeng Power Generation Co Ltd, Inner Mongolia Pingzhuang Coal Group Ltd, Inner Mongolia Pingzhuang Energy Co Ltd, Inner Mongolia Xilin Xilinhe Coal-Chemical Co Ltd, National Energy Group Hebei Electric Power Co Ltd, National Energy Group Heilongjiang Electric Power Co Ltd, National Energy Group Jiangsu Power Co Ltd, National Energy Group Shandong Power Co Ltd, Ningxia Younglight Chemicals Co Ltd, PT Shenhua Guohua Lion Power Indonesia, PT Shenhua Guohua Pembangkitan Jawa Bali, Shaanxi Yunfeng Mining Co Ltd, Shenhua (Fujian) Energy Co Ltd, Shenhua Xinjie Energy Co Ltd, State Grid Energy Xinjiang Zhundong Coal Power Co Ltd, Yulin Shenhua Energy Co Ltd, China Longyuan Power Group Co Ltd (GCEL 2022, GCEL 2023) | Power, Mining | $136M | $71M | $136M | Not On GCELChange in Company Structure | $71M | $207M | ||||||||||||||||||
| Huadian Power International Co LtdHuadian Hubei Power Co Ltd, Huadian Longkou Power Co, Ningxia Huadian Yongli Power Co Ltd, Shantou Huadian Power Generation Co Ltd | Power, Mining | $164M | $3M | $164M | Not On GCELChange in Company Structure | $3M | $167M | ||||||||||||||||||
| Jiangsu Guoxin Investment Group LtdJiangsu Guoxin Binhaigang Power Generation Co Ltd, Jiangsu Guoxin Corp Ltd, Jiangsu Guoxin Shazhou Power Generation Co Ltd, Jiangsu Sheyanggang Power Gen Co Ltd | Power | $80M | $35M | Not On GCELChange in Company Structure | $80M | $35M | $115M | ||||||||||||||||||
| Guangdong Hengjian Investment Holding Co LtdGuangdong Electric Power Development Co Ltd (CEL 2023, GCEL 2024), Guangdong Energy Group Co Ltd (GCEL 2023, GCEL 2024), Guangdong Honghaiwan Power Generation Co Ltd, Guangdong Shaoguan Electricity Generation Co Ltd, Guangdong Yudean Jinghai POWER Generation Co Ltd, Guangdong Yuelong Power Generation Co Ltd, Zhanjiang Power Co Ltd | Power | $18M | $70M | Not On GCELChange in Company Structure | $18M | $70M | $87M | ||||||||||||||||||
| Shaanxi Yanchang Petroleum (Group) Co LtdShaanxi Yanchang Petroleum Fuxian Power Generation Co Ltd, Shaanxi Yanchang Petroleum Jingbian Coal Industry Co Ltd, Shaanxi Yanchang Petroleum Mining Co Ltd, Shaanxi Yanchang Petroleum Xihongdun Coal Industry Co Ltd, Shaanxi Yanchang Petroleum Yulin Kekegai Coal Industry Co Ltd | Power, Mining | $15M | $8M | $60M | $15M | $8M | $60M | $82M | |||||||||||||||||
| Hubei Yihua Chemical Industry Co Ltd | $57M | $9M | Not On GCELChange in Company Structure | $57M | $9M | $66M | |||||||||||||||||||
| China Huaneng Group Co LtdChina Huaneng Group (Hong Kong) Treasury Management Holding Ltd, Huaneng Coal Co Ltd, Huaneng Gansu Energy Development Co Ltd, Huaneng Inner Mongolia East Energy Co, Huaneng International Power Development Corp, Huaneng Qingyang Coal Power Co Ltd, Huaneng Shandong Power Generation Ltd, Huaneng Xinjiang Energy Development Co Ltd, Inner Mongolia Beiliandian Energy Development Co Ltd, Inner Mongolia MengDian HuaNeng Thermal Power Co Ltd, Manzhouli Shennengyuandalaihu Thermal Power Co Ltd, North United Power Co Ltd, North Weijiamao Coal Power Co Ltd | Power, Mining | $26M | $34M | $26M | Not On GCELChange in Company Structure | $34M | $60M | ||||||||||||||||||
| Kailuan Energy Chemical Co LtdCanadian Kailuan Dehua Mines Co Ltd | $29M | $24M | $29M | $24M | Not On GCELChange in Company Structure | $53M | |||||||||||||||||||
| Kailuan (Group) Ltd Liability CorpKailuan Kuqa High Tech Energy Co Ltd | $11M | $42M | $11M | $42M | Not On GCELChange in Company Structure | $53M | |||||||||||||||||||
| China Energy Engineering Corporation LtdChina Energy Construction Investment (Liupanshui) Power Co Ltd | Power | $22M | $30M | Not On GCELChange in Company Structure | $22M | $30M | $52M | ||||||||||||||||||
| Zhejiang Provincial Energy Group Co LtdJiaxing Power Generation Co Ltd, Zhejiang Energy Wuwei Energy Co Ltd, Zhejiang Zheneng Electric Power Co Ltd, Zhejiang Zheneng Shaoxing Binhai Thermal Power Co Ltd, Zhejiang Zheneng Taizhou No.2 Power Generation Co Ltd | Power | $15M | $14M | Not On GCELChange in Company Structure | $15M | $14M | $29M | ||||||||||||||||||
| Shaanxi Yulin Energy Group Co LtdShaanxi Yulin Energy Group Hengshan Coal Power Co Ltd | Power, Mining | $22M | $6M | Not On GCELChange in Company Structure | $22M | $6M | $28M | ||||||||||||||||||
| Lu'an Chemical Group Co LtdLu'an Xinjiang Coal Chemical (Group) Co Ltd, Shanxi Lu'An Environmental Energy Development Co Ltd, Shanxi Lu'an Mining Industry (Group) Co Ltd | Mining | $25M | $25M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $25M | |||||||||||||||||||
| Huaneng Power International INCHuaneng Anyuan Power Generation Co Ltd, Huaneng International Power Jiangsu Energy Development Co Ltd, Huaneng Shandong Power Generation Ltd, Huaneng Shantou Haimen Power Generation Co Ltd, Huaneng Shanyin Power Generation Co Ltd, Huaneng Taicang Power Generation Co Ltd, Huaneng Yunnan Diandong Energy Co Ltd, Huaneng Yunnan Diandong Energy Co Ltd Mining Branch, Huaneng (Zhejiang) Energy Development Co Ltd | Power, Mining | $16M | $16M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $16M | |||||||||||||||||||
| Jiangxi Province Investment Group Co Ltd | Power | $4M | $8M | $1M | $4M | $8M | $1M | $13M | |||||||||||||||||
| Zhangzhou Jiulongjiang Group Co Ltd | $13M | Not On GCELChange in Company Structure | $13M | Not On GCELChange in Company Structure | $13M | ||||||||||||||||||||
| China Southern Power Grid Co LtdChina Southern Power Grid International Finance (Bvi 2018) Co Ltd, Vinh Tan 1 Power Co Ltd | $10M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $10M | $10M | ||||||||||||||||||||
| China National Coal Group Corp (ChinaCoal)China Coal Datong Energy Co Ltd, China Coal Energy Co Ltd, China Coal Energy Hami Coal Industry Co Ltd, China Coal Energy Xinjiang Hongxin Coal Industry Co Ltd, China Coal Guangyuan Energy Co Ltd, China Coal Inner Mongolia Energy Co Ltd, China Coal Northwest Energy Co Ltd, China Coal Northwest (Wushen Banner) Power Generation Co Ltd, China Coal Power Co Ltd, China Coal Resources Development Group Co Ltd, China Coal Shaanxi Yulin Energy Chemical Co Ltd, China Coal Xilingol Manglai Power Generation Co Ltd, China Coal Xuancheng Electric Power Co Ltd, China Coal Yili Energy Development Co Ltd, China Coal Yongcheng Energy Development Co Ltd, China Coal (Zhoushan) Power Generation Co Ltd, China National Coal Development Co Ltd, China Power Pingdingshan Thermal Power Co Ltd, China Resources Coal Holdings Corp Ltd, ChinaCoal Shanxi Huayu Energy, CLP Guangxi Fangchenggang Power Co Ltd, Datun Coal and Electricity (Group) Co Ltd, Gansu Lingnan Coal Industry Co Ltd, Guotou Jincheng Energy Investment Co Ltd, SDIC Hami Energy Development Co, Shanghai Datun Energy Resources Co Ltd, Taiyuan China Resources Coal Co Ltd, Zhongmei Heilongjiang Coal Chemical (Group) Co Ltd | Power, Mining, Infrastructure | $9M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $9M | $9M | |||||||||||||||||||
| Shaanxi Investment Group Co LtdShaanxi Energy (Yan'an) Shengdilan Thermal Power Co Ltd, Shaanxi Qinlong Electric Power Co Ltd, Shaanxi Energy Investment Co Ltd | Power, Mining | $8M | Not On GCELChange in Company Structure | $8M | Not On GCELChange in Company Structure | $8M | |||||||||||||||||||
| Shaanxi Non-ferrous Metals Holding Group Co Ltd (Shaanxi Youser Group) | $8M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $8M | $8M | ||||||||||||||||||||
| Shanxi Coking Coal Group Co LtdHuozhou Coal and Electricity Group Co Ltd, Huozhou Coal and Electricity Group Jinneng Coal Industry Co Ltd, Shanxi Coal Import & Export Group Co Ltd, Shanxi Coal Import and Export Group Hequ Energy Co Ltd, Shanxi Coal International Energy Group Co Ltd, Shanxi Coking Co Ltd, Shanxi Coking Coal Energy Group CoLtd, Shanxi Coking Coal Igood Equipment Remanufacturing shares Co Ltd, Shanxi Coking Group Ltd Co, Shanxi Fenxi Mining (Group) Co Ltd, Shanxi Fenxi Mining Group Zhengxin Coking Coal Co Ltd, Shanxi Fenxi Ruitai Energy Group Co Ltd, Shanxi Fenxi Zhongtai Coal Industry Co Ltd | Power, Mining | $8M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $8M | $8M | |||||||||||||||||||
| Henan Investment Group Co LtdHenan Yuneng Holdings Co Ltd | $7M | Not On GCELChange in Company Structure | $7M | Not On GCELChange in Company Structure | $7M | ||||||||||||||||||||
| Shenergy (Group) Co LtdShenergy Co Ltd | Power | $4M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $4M | $4M | |||||||||||||||||||
| State Power Investment Corporation Ltd (SPIC)Dongfang Shengrun Shijiazhuang Thermal Power Co Ltd, Fuxin Power Generation Co Ltd, Inner Mongolia Xilingol Baiyinhua Coal and Power Co Ltd, SPIC Guizhou Jinyuan Group Co, SPIC Henan Electric Power Co Ltd, SPIC Industry-Finance Holdings Co Ltd, SPIC Jiangxi Electric Power Co Ltd, SPIC MTN Co Ltd, SPIC Northeast Electric Power Co Ltd, State Power Investment Group Chongqing Electric Power Co Ltd, State Power Investment Group Sichuan Electric Power Co Ltd, State Power Investment Group Upper Yellow River Hydropower Development Co Ltd, State Power Investment Group Xinjiang Energy Chemical Emin Co Ltd, Tongliao Power Investment and Generation Co Ltd, China Power International Development Ltd (GCEL 2022), CLP Ronghe Investment and Financial Leasing Co Ltd (GCEL 2022), Shanghai Electric Power Co Ltd (GCEL 2022, GCEL 2023), SPIC Mengdong Energy Group (GCEL 2022, GCEL 2023) | Power, Mining | $2M | Not On GCELChange in Company Structure | $2M | Not On GCELChange in Company Structure | $2M | |||||||||||||||||||
| Guangxi Investment Group Co LtdGuangxi Energy Group Co Ltd, Guangxi Financial Investment Group Co Ltd, Guangxi Guidong Electric Power Co Ltd, Guangxi Investment Group Beihai Power Generation Co | Power | $2M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $2M | $2M | |||||||||||||||||||
| Aluminum Corporation of China Ltd | Power | $<1M | Not On GCELChange in Company Structure | $<1M | Not On GCELChange in Company Structure | $<1M | |||||||||||||||||||
| Jiangsu Yueda Group Co Ltd | Power, Mining | $<1M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $<1M | $<1M | |||||||||||||||||||
| State Development and Investment Corp (SDIC)Rongshi International Finance Ltd, SDIC Capital Co Ltd (GCEL 2022), SDIC Power Holdings Co Ltd, Tianjin SDIC Jinneng Electric Power Co Ltd, Xiamen Huaxia Power International Development Co Ltd, Essence International Financial Holdings Ltd | Power | $<1M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $<1M | $<1M | |||||||||||||||||||
| Yunnan Provincial Investment Holdings Group Co LtdYunnan Dongyuan Coal Industry Group Co Ltd, Yunnan Energy Investment Weixin Energy Co Ltd, Yunnan Province Energy Investment Group Co Ltd | Power, Mining | $<1M | Not On GCELChange in Company Structure | Not On GCELChange in Company Structure | $<1M | $<1M |