China Energy Engineering Corporation’s overseas-focused flagship is interested in expanding in Europe with new greenfield energy and infrastructure deals.
CEEC International, which recently signed a USD 238m contract to build an energy-from-waste project in Ukraine, is looking to seek similar renewables project development opportunities across the region, especially in central and eastern Europe, a spokesperson told Inframation.
“We are keen to secure more similar clean energy and environment projects either under EPC, EPC plus financing or PPP,” he said. “Nowadays, there are more and more projects in Europe that will need equity or debt financing from contractors, so we will also be shifting our focus away from pure EPC business to project investment.”
While the company will not have a specific country focus for expansion, it sees central and eastern European countries as having a bigger need for new infrastructure and renewables projects as compared with more mature markets in western Europe, the spokesperson said.
“Having said that, we will look at all countries for new opportunities, especially as long as there is demand,” he said.