Bank of China

Company description

Bank of China is one of the big four state-owned commercial banks of the People's Republic of China.

It was founded in 1912 by the Republican government to replace the Government Bank of Imperial China. It is the oldest bank in China still in existence. From its establishment until 1942, it issued banknotes on behalf of the Government along with the "Big Four" banks of the period: the Farmers Bank of China, Bank of Communications and Central Bank of the Republic of China.

Although it initially functioned as the Chinese central bank, in 1928 the Central Bank of China replaced it in that role. Subsequently, BOC became a purely commercial bank. Its headquarters are in Xicheng District, Beijing.

Company details

City:
Beijing
Address:
1 Fuxingmen nei dajie

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • December 01, 2022

    TagEnergy reaches financial close for 1.3 GW wind project in Victoria, begins construction on 756 MW stage one

    TagEnergy has secured financial close for the 1,300 MW Golden Plains Wind Farm and will begin construction of the first 756 MW stage of the mega-project in Rokewood, Victoria, Australia. With all agr...

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  • August 11, 2022

    US$69.4 million debt financing received for 1,500 MW CCGT gas-fired power plant PPP in the Syrdarya

    Multilateral Investment Guarantee Agency (MIGA) has issued a US$69.4 million debt guarantee for the development of a 1,500 MW combined cycle single fuel gas (CCGT) power plant loca...

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  • April 22, 2022

    USD194.57 million refinancing received for 241 MW onshore wind project in Sweden

    The equal joint venture between Red Rock Power Limited and CapMan Infra has completed a EUR180 million (US$194.57 million) refinancing of its 241 MW Överturingen operational wind farm in central...

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  • June 10, 2021

    AfDB signs loan for 50 MW Malagarasi hydropower project in Kigoma

    The African Development Bank Group and the Government of Tanzania have signed loan agreements totaling US$140 million to finance the construction of the 50-megawatt Malagarasi hydropower plant in West...

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  • June 03, 2021

    ADB signs green loan to develop 144 MW wind projects in Quang Tri Province

    The Asian Development Bank (ADB) has signed a US$116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and Phong Nguyen...

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  • April 15, 2021

    Financial close of USD750 million achieved for 1.5 GW Gas power plant in Uzbekistan

    ACWA Power has announced the successful financial closure for the development, construction and operation of the 1500 MW Sirdarya Combined Cycle Gas-Turbine (CCGT) power plant in Uzbekistan.

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  • March 29, 2021

    UPC\AC reaches financial close on 720 MW New England Solar Farm and energy storage project in NSW

    The New England Solar Farm project, located near Uralla in the New England region of New South Wales, achieved financial close on 11 February 2021 on a merchant basis (without a contract for electrici...

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  • March 23, 2021

    AfDB approves US$530mn financing for Future Central-South 400 kV Interconnector Transmission Project

    The African Development Bank has committed US$530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids in An...

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  • February 17, 2021

    Financial close reached for first stage of 720 MW Solar project in Australia

    The first 400 MW stage of the New England Solar Farm project, located near Uralla in the New England region of New South Wales, achieved financial close on 11 February 2021 on a merchant basis (withou...

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  • May 23, 2019

    JBIC leads US$1.998bn financing for Van Phong 1 coal-fired power plant

    The Japan Bank for International Cooperation (JBIC) has signed a loan agreement for project finance amounting up to approximately USD 1,199 million (JBIC portion) with Van Phong Power Compan...

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