China Suntien Green Energy
| Company type | Joint stock company |
|---|---|
| Industry | Natural gas, wind power, renewable energy |
| Founded | February 9, 2010 |
| Founder | HECIC (Hebei Construction & Investment Group) and HECIC Water Investment Co. |
| Headquarters | Shijiazhuang , China |
Area served | China |
| Products | Natural gas procurement, marketing and distribution; natural gas pipeline infrastructure; natural gas equipment; solar and wind power facilities |
| Owner | Hebei provincial government (via HECIC and HECIC Water Investment Co.) |
| Parent | HECIC (Hebei Construction & Investment Group) |
| Website | www |
China Suntien Green Energy Corp. Ltd. () stands as a prominent Chinese enterprise focused on the sectors of natural gas and wind power. Its main office is situated in Shijiazhuang, within the Hebei province.
Corporate structure
Founded on 9 February 2010, China Suntien Green Energy operates as a joint stock company created by HECIC (Hebei Construction & Investment Group) along with its affiliate HECIC Water Investment Co., both under the ownership of the Hebei provincial government. It functions as the clean energy arm of HECIC.
The company successfully secured US$369 million through its initial public offering on the Hong Kong Stock Exchange, drawing substantial foreign capital, including a 13.87% share purchased by JPMorgan Chase soon after its market debut.
China Suntien Green Energy's business activities include the procurement, marketing, and distribution of natural gas; building natural gas pipeline infrastructure; supplying natural gas equipment to gas providers and industrial users; as well as developing and managing solar and wind power facilities, with electricity supplied to utility companies. The firm began with operation of a single wind farm.
In December 2021, the company signed a 15-year agreement to acquire one million metric tons per year of liquified natural gas from Qatar Liquefied Gas, strengthening its footprint in the LNG sector.