---
title: "GGEP plans to invest 476 million yuan to construct the Luxian Hengshan Wind Power Project"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228533665.md"
description: "GGEP plans to invest 476 million yuan to construct the Luxian Hengshan Wind Power Project, with funding sourced from 20% equity and 80% bank loans, and a construction period of approximately 12 months. This project will expand the company's installed capacity in renewable energy, increase profit growth points, and is expected to achieve a financial internal rate of return exceeding 6% during the operational period. This move will enhance the proportion of the company's renewable energy installed capacity, strengthen profitability, and align with the company's development plan"
datetime: "2025-02-17T09:06:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228533665.md)
  - [en](https://longbridge.com/en/news/228533665.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228533665.md)
---

# GGEP plans to invest 476 million yuan to construct the Luxian Hengshan Wind Power Project

According to the announcement from GGEP (600236.SH), the company plans to invest in the construction of the Luchuan Hengshan Wind Power Project, with a total investment of approximately 476 million yuan. The funding sources will be 20% from equity and 80% from bank loans. The construction period for the Hengshan Wind Power Project is approximately 12 months.

This investment in the construction of the Hengshan Wind Power Project will further expand the company's installed capacity in renewable energy and create new profit growth points. According to the company's preliminary calculations, the financial internal rate of return (pre-tax) for the total investment during the operational period is over 6%, indicating good profitability. This investment will further increase the proportion of the company's renewable energy installed capacity, enhance the company's profitability, and align with the company's development needs and long-term planning

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