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State Grid Corporation of China company logo
Government
ENERGY & UTILITIES | Electric
sgcc.com.cn

Investments

4

Portfolio Exits

1

Funds

1

Partners & Customers

10

About State Grid Corporation of China

State Grid Corporation of China is a state-owned company that invests in, constructs, and operates power grids.

Headquarters Location

86 Changan Street West Town Area

Beijing, Beijing,

China

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Latest State Grid Corporation of China News

Key pumped-storage power station in East China Grid has met the criteria for power on and operation

Dec 1, 2023

News provided by Share this article Share toX ZHENJIANG, China, Dec. 1, 2023 /PRNewswire/ -- This is a release from the State Grid Zhenjiang Power Supply Company: On November 30th, the Jurong Pumped-Storage Hydropower Station, which was invested and constructed by the State Grid Corporation of China in the load center of East China Grid, completed acceptance the line, marking that the station is ready to be powered on and put into operation. Jiangsu Jurong Pumped-Storage Power Station was constructed in March 2017 with a total investment of over 9.6 billion yuan. Through the construction of reversible water turbine generator units, the annual pumping power generation is 1.8 billion kWh, and the annual power generation is 1.35 billion kWh. It is an important measure for the State Grid Corporation of China to actively respond to the national strategy of deepening supply-side structural reform and development. It plays a significant role in promoting the construction of ultra-high voltage power grid, serving clean energy and economic and social development. Since 2019, the State Grid Corporation of China has built a 500 kV transmission line project to meet the power transmission needs of the pumped-storage power station. After the power station is put into operation, it will greatly reduce the coal consumption of East China Grid, which is expected to save about 140,000 tons of coal consumption annually and reduce the emission of carbon dioxide and sulfur dioxide by about 357,000 tons. SOURCE State Grid Zhenjiang Power Supply Company × PRN Top Stories Newsletters Enter Your Email By signing up you agree to receive content from us. Our newsletters contain tracking pixels to help us deliver unique content based on each subscriber's engagement and interests. For more information on how we will use your data to ensure we send you relevant content please visit our  PRN Consumer Newsletter Privacy Notice . You can withdraw your consent at any time in the footer of every email you'll receive.Mit Ihrer Anmeldung erklären Sie sich damit einverstanden, Inhalte von uns zu erhalten. Unsere Newsletter enthalten Zählpixel, die die Lieferung einzigartiger Inhalte in Bezug auf das Abonnement und die Interessen der einzelnen Abonnenten ermöglichen. Weitere Informationen über die Verwendung Ihrer Daten im Hinblick auf die Zusendung von relevanten Inhalten, finden Sie in unserer  PRN Consumer Newsletter Privacy Notice . Ihre Zustimmung können Sie jederzeit in der Fußzeile jeder erhaltenen E-Mail widerrufen.En vous inscrivant à la newsletter, vous consentez à la réception de contenus de notre part. Notre newsletter contient des pixels espions nous permettant la fourniture à chaque abonné, d’un contenu unique en lien avec ses souscriptions et intérêts. Pour de plus amples informations sur l’utilisation faite de vos données en vue de l’envoi des contenus concernés, nous vous invitons à consulter la politique de confidentialité disponible à partir du lien suivant  PRN Consumer Newsletter Privacy Notice . Vous pouvez à tout moment revenir sur votre consentement par le biais des informations situées au bas de chaque e-mail reçu.Регистрирайки се, Вие се съгласявате да получавате информационно съдържание от нас. Нашите бюлетини съдържат проследяващи пиксели, които ни помагат да предоставяме уникално съдържание въз основа на ангажираността и интересите на всеки абонат. За повече информация относно начина, по който ще използваме Вашите данни, за да гарантираме, че Ви изпращаме подходящо съдържание, моля, направете справка с нашето Уведомление за поверителност на потребителския бюлетин на  PRN . Можете да оттеглите съгласието си по всяко време в долния колонтитул на всеки от имейлите, които ще получите.

State Grid Corporation of China Investments

4 Investments

State Grid Corporation of China has made 4 investments. Their latest investment was in Deer Technology as part of their Series A on August 8, 2021.

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State Grid Corporation of China Investments Activity

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State Grid Corporation of China Portfolio Exits

1 Portfolio Exit

State Grid Corporation of China has 1 portfolio exit. Their latest portfolio exit was CSG Energy on January 19, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/19/2021

IPO

$99M

Public

2

Date

1/19/2021

Exit

IPO

Companies

Valuation

$99M

Acquirer

Public

Sources

2

State Grid Corporation of China Acquisitions

1 Acquisition

State Grid Corporation of China acquired 1 company. Their latest acquisition was Sempra Energy - Chilean Business on October 31, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/31/2019

$99M

Acquired Unit

2

Date

10/31/2019

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired Unit

Sources

2

State Grid Corporation of China Fund History

1 Fund History

State Grid Corporation of China has 1 fund, including 国网新兴产业基金母基金 (State Grid Emerging Industry Fund of Funds).

Closing Date

Fund

Fund Type

Status

Amount

Sources

国网新兴产业基金母基金 (State Grid Emerging Industry Fund of Funds)

1

Closing Date

Fund

国网新兴产业基金母基金 (State Grid Emerging Industry Fund of Funds)

Fund Type

Status

Amount

Sources

1

State Grid Corporation of China Partners & Customers

10 Partners and customers

State Grid Corporation of China has 10 strategic partners and customers. State Grid Corporation of China recently partnered with National Grid Corporation of the Philippines on August 8, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

8/3/2023

Client

Philippines

NGCP unveils transmission infra plan

National Grid Corporation of the Philippines 's technological partnership with State Grid Corporation of China gives the system operator an edge in ensuring that the Philippine grid is ready and capable of integrating high levels of variable renewable energy .

1

10/26/2022

Vendor

Finland

Nokia optical transport selected by State Grid Corporation of China, bringing massive scale, security and agility to nation’s power grid

Espoo , Finland -- Nokia today announced the extension of its existing relationship with the world 's largest power utility , State Grid Corporation of China of China , with the selection of its Optical Transport Network solutions .

2

3/30/2021

Vendor

Singapore

1

12/15/2020

Vendor

France

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10

12/15/2020

Vendor

France

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10

Date

8/3/2023

10/26/2022

3/30/2021

12/15/2020

12/15/2020

Type

Client

Vendor

Vendor

Vendor

Vendor

Business Partner

Country

Philippines

Finland

Singapore

France

France

News Snippet

NGCP unveils transmission infra plan

National Grid Corporation of the Philippines 's technological partnership with State Grid Corporation of China gives the system operator an edge in ensuring that the Philippine grid is ready and capable of integrating high levels of variable renewable energy .

Nokia optical transport selected by State Grid Corporation of China, bringing massive scale, security and agility to nation’s power grid

Espoo , Finland -- Nokia today announced the extension of its existing relationship with the world 's largest power utility , State Grid Corporation of China of China , with the selection of its Optical Transport Network solutions .

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Sources

1

2

1

10

10

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