中國出口信用保險公司 2024年度報告

53 CHINA EXPORT & CREDIT INSURANCE CORPORATION ANNUAL REPORT 2024 中國信保承保印度尼西亞巨港市 17.7MW 垃圾焚燒處理項目 The 17.7MWWaste-to-Energy Incineration Project in Palembang, Indonesia, covered by SINOSURE 2024 年，中國信保為某企業承建印度尼西亞巨港市 17.7MW 垃圾焚燒處理項目出具中長期出口買方信 貸保單，承保規模 1.27 億美元。本項目融資框架搭建過程中，中國信保在充分論證項目垃圾處理和發 電能力以及未來收入情況的基礎上，創新設計了以項目未來現金收入為主要依托，以項目資產及收入 等為相關抵質押安排，以搭配發起人完工支持為增信措施，免除全程全額連帶責任還款擔保的項目融 資模式，并最終落實承保。 In 2024, SINOSURE issued a medium- and long-term export buyer’s credit insurance policy for a 17.7MW waste-to-energy incineration project constructed by a Chinese enterprise in Palembang, Indonesia, with an insured amount of USD127 million. Based on a thorough evaluation on the project’s capacities of waste treatment and power generation and its revenue prospects, SINOSURE tailor-made an innovative project- finance arrangement, in which the project’s future cash income is the primary source of loan repayment, project assets and revenues are pledged as collaterals, sponsor’s completion guarantees serve as credit enhancement, while the obligation of full-term, full-amount joint and several liability guarantee is waived, and SINOSURE finally implemented the underwriting. 案例 Case