2022:
2023:
2024:
2025:
| Expansion | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Loans | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Underwriting | 2022 | 2023 | 2024 | 2025 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Yunnan Provincial Investment Holdings Group Co LtdYunnan Coal Industry Group Co Ltd, Yunnan Energy Investment Weixin Energy Co Ltd, Yunnan Power Investment Co Ltd, Yunnan Province Energy Investment Group Co Ltd, Yunnan Xiaolongtan Mining Bureau Co Ltd (based on GCEL 2025) | power, mining | $147M | $7M | $17M | $147M | $7M | $17M | $170M | ||||||||||||||||||||
| Huaneng Power International IncHuaneng Hunan Yueyang 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 Yingkou Thermal Power Co Ltd, Huaneng Yunnan Diandong Energy Co Ltd, Huaneng Yunnan Diandong Energy Co Ltd Mining Branch, Huaneng (Zhejiang) Energy Development Co Ltd Yuhuan Branch (based on GCEL 2025) | power, mining | $29M | $91M | $29M | $91M | Not On GCEL Change in Company Structure | $119M | |||||||||||||||||||||
| Xinjiang Zhongtai Chemical Co Ltd | mining | $29M | Not On GCEL Change in Company Structure | $29M | Not On GCEL Change in Company Structure | $29M | ||||||||||||||||||||||
| China Southern Power Grid Co LtdChina Southern Power Grid International Finance (Bvi 2018) Co Ltd (based on GCEL 2025) | $13M | $5M | $10M | $13M | $5M | $10M | $28M | |||||||||||||||||||||
| 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, Huadian Coal Industry Group Co Ltd, Huadian Energy Co Ltd, Huadian Financial Leasing Co Ltd, Huadian Gansu Energy Co Ltd, Huadian (Golmud) Energy Co Ltd, Huadian Kashgar Energy Co Ltd, Huadian Liaoning Energy Co Ltd, 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, Xinjiang Changji Yinggema Coal Power Investment Co Ltd, Xinjiang Hami Yinggema Coal Power Investment Co Ltd (based on GCEL 2025) | power, mining | $12M | $4M | $5M | $12M | $4M | $5M | $20M | ||||||||||||||||||||
| China Datang Corporation LtdChina Datang Energy Investment Co Ltd, China Datang Group Capital Holding Co Ltd, China Datang Overseas Investment Co Ltd, Datang Anhui Power Generation Co Ltd, Datang Environment Industry Group Co Ltd, Datang Fuzhou Second Power Generation Co Ltd, Datang Heilongjiang Power Generation Co Ltd, Datang Henan Power Generation Co Ltd, Datang Hulun Buir Energy Development Co Ltd, Datang International Power Generation 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 Yan'an Power Generation Co Ltd, Datang Yuncheng Power Generation Co Ltd, Guangdong Datang International Chaozhou Power Generation Co Ltd, Guangdong Datang International Leizhou Power Generation Co Ltd, Guangxi Guiguan Electric Power, Inner Mongolia Datang International Tuoketuo Power Generation Co Ltd, Inner Mongolia Datang International Zhungeer Mining Co Ltd, Jiangsu Datang International Lvsigang Power Generation Co Ltd (based on GCEL 2025) | power, mining | $7M | $6M | $7M | Not On GCEL Change in Company Structure | $6M | $14M | |||||||||||||||||||||
| Jiangsu Guoxin Group LtdJiangsu Guoxin Binhaigang Power Generation Co Ltd, Jiangsu Guoxin Corp Ltd, Jiangsu Guoxin Shazhou Power Generation Co Ltd, Jiangsu Guoxin Yangzhou Power Generation LLCO, Jiangsu Sheyanggang Power Gen Co Ltd (based on GCEL 2025) | power | $6M | $4M | $3M | $6M | $4M | $3M | $13M | ||||||||||||||||||||
| Huaihe Energy Holding Group Co LtdAnhui Huainan Luoneng Power Generation Co Ltd, Huaihe Energy (Group) Co Ltd, Huaihe Energy Power Group Co Ltd, Huainan Mining (Group) Co Ltd (based on GCEL 2025) | power, mining | $10M | Not On GCEL Change in Company Structure | $10M | Not On GCEL Change in Company Structure | $10M | ||||||||||||||||||||||
| Zhejiang Provincial Energy Group Co LtdZhejiang Energy Wuwei Energy Co Ltd, Zhejiang Zheneng Electric Power Co Ltd, Zhejiang Zheneng Taizhou No.2 Power Generation Co Ltd (based on GCEL 2025) | power | $3M | $1M | $4M | $3M | $1M | $4M | $8M | ||||||||||||||||||||
| State Power Investment Corporation Ltd (SPIC)China Power Hub Generation Co Pvt Ltd, China Power International Development Ltd, Dongfang Shengrun Shijiazhuang Thermal Power Co Ltd, Fuxin Power Generation Co Ltd, Guodian Investment (Jieyang) Qianzhan Power Generation Co Ltd, Huaihu Power Co Ltd, Inner Mongolia Dian Tou Energy Co Ltd, Shanghai Caojing Second Power Generation Co Ltd, Shanghai Electric Power Co Ltd, Shanghai Waigaoqiao Power Generation Co Ltd, SPIC Guizhou Jinyuan Group Co Ltd, SPIC Hebei Power Electric Power Co Ltd, SPIC Henan Electric Power Co Ltd, SPIC Jiangxi Electric Power Co Ltd, SPIC Mengdong Energy Group Co Ltd, SPIC MTN Co Ltd, SPIC Northeast Electric Power Co Ltd, SPIC Preferred Company No 4 Ltd, SPIC Preferred Company No 5 Ltd , State Power Investment Group Chongqing Electric Power Co Ltd, State Power Investment Group Jiangsu 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 Co Ltd (based on GCEL 2025) | power | $3M | $4M | $3M | $4M | Not On GCEL Change in Company Structure | $8M | |||||||||||||||||||||
| Guangdong Energy Group Co Ltd | power, infrastructure | $7M | $7M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $7M | ||||||||||||||||||||||
| Shenergy (Group) Co LtdShenergy Co Ltd (based on GCEL 2025) | power | $4M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $4M | $4M | ||||||||||||||||||||||
| Jinneng Group Co LtdDatong Coal Group Tie Feng Coal Industry Co Ltd, Jinneng Hold Coal Industry Group Co Ltd, Jinneng Holding Coal Mine Group Dimei Datong Co Ltd, Jinneng Holding Coal Mine Group Xuangang Coal Power Co Ltd, Jinneng Holding Equipment Manufacturing Group Co Ltd, Jinneng Holding Power Group, Jinneng Holding Shanxi Coal Industry Co Ltd, Lu'an Xinjiang Coal Chemical (Group) 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 International Electricity Group Co Ltd, Shanxi Jincheng Xingtang Coal Industry Co, Tongmei Datang Tashan Coal Mine Co Ltd, Top Energy Co Ltd Shanxi, Xinjiang Lu'an Energy and Chemical Co Ltd, Yangquan Nanzhuang Coal Group Co Ltd (based on GCEL 2025) | power, mining | $4M | $4M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $4M | ||||||||||||||||||||||
| Huadian Power International Co LtdAnhui Huadian Wuhu Power Generation Co Ltd, Hebei Huarui Energy Group Co Ltd, Huadian Hubei Power Co Ltd, Huadian Qudong Power Generation Co Ltd, Huadian Zibo Thermopower Generation Co Ltd, Jiangsu Huadian Energy Company Ltd, Shantou Huadian Power Generation Co Ltd (based on GCEL 2025) | power, mining | $3M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $3M | $3M | ||||||||||||||||||||||
| Xinjiang Energy (Group) Co LtdXinjiang Energy (Group) Hetian Energy Co Ltd (based on GCEL 2025) | power, mining | $1M | $1M | $1M | Not On GCEL Change in Company Structure | $1M | $3M | |||||||||||||||||||||
| Anhui Province Energy Group Co Ltd (Wenergy Group)Anhui Wenergy Co Ltd (based on GCEL 2025) | power | $1M | $1M | Not On GCEL Change in Company Structure | $1M | $1M | $2M | |||||||||||||||||||||
| Jiangxi Province Investment Group Co LtdJiangxi Energy Group Co Ltd (based on GCEL 2025) | power | $ | $1M | Not On GCEL Change in Company Structure | $ | $1M | $2M | |||||||||||||||||||||
| State Grid Corporation of China (SGCC) | $2M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $2M | $2M | |||||||||||||||||||||||
| Shaanxi Investment Group Co LtdShaanxi Energy Investment Co Ltd, Shaanxi Energy Xiaohaotu Coal Power Co Ltd, Shaanxi Energy (Yan'an) Shengdilan Thermal Power Co Ltd, Shaanxi Energy Zhaoshipan Coal & Elec Co Ltd, Shaanxi Linbei Coal Development Co, Shaanxi Qinlong Electric Power Co Ltd (based on GCEL 2025) | power, mining | $1M | $1M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $1M | ||||||||||||||||||||||
| Aluminum Corporation of China (CHINALCO) | power | $ | Not On GCEL Change in Company Structure | $ | Not On GCEL Change in Company Structure | $ | ||||||||||||||||||||||
| Shaanxi Yulin Energy Group Co LtdShaanxi Yulin Energy Group Guojiatan Coal Mine Co Ltd (based on GCEL 2025) | power, mining | $ | $ | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $ | ||||||||||||||||||||||
| Xuzhou Mining Business Group Co LtdJiangsu Xukuang Energy Co Ltd, Suneng (Xilinguole) Power Generation Co Ltd, Xilin Gol Suneng Baiyinhua Power Generation Co Ltd (based on GCEL 2025) | power | $ | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $ | $ | ||||||||||||||||||||||
| Jiangsu Yueda Group Co Ltd | $ | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $ | $ | |||||||||||||||||||||||
| State Development & Investment Corp LtdRongshi International Finance Ltd, SDIC Meizhouwan Port Co Ltd, SDIC Power Holdings Co Ltd, Tianjin SDIC Jinneng Electric Power Co Ltd, Xiamen Huaxia Power International Development Co Ltd (based on GCEL 2025) | power | $ | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $ | $ | ||||||||||||||||||||||
| Guangdong Hengjian Investment Holding Co LtdGuangdong Electric Power Development Co Ltd, Guangdong Energy Group Co Ltd, Guangdong Energy Maoming Thermal Power Plant Co Ltd, Guangdong Honghaiwan Power Generation Co Ltd, Guangdong Shaoguan Electricity Generation Co Ltd, Guangdong Yudean Bohe Energy Co Ltd, Guangdong Yudean Jinghai POWER Generation Co Ltd, Guangdong Yuelong Power Generation Co Ltd, Zhanjiang Power Co Ltd (based on GCEL 2025) | power, infrastructure | $ | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $ | $ |