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Utrust International Completed Phase I investment of ACE Investment Fund
Release Time: 2014-12-29

2014-12-30

ACE Investment Fund(“ACE”), set up by Utrust International, has successfully completed its Phase I investment through share acquisition of Macau Electric Company (“CEM”) on 20th April, 2016.

ACE was established jointly by Utrust International, Three Gorges Group and E fund Management (HK) Co., Ltd. It leverages on the foreign reserve projects , investment platform and institutional network of Energias de Portugal Company(“EDP”), to develop and acquire overseas wind power, solar, small to medium-sized hydro power and other clean energy projects.

Utrust International played an integral role as the offshore investment and financing window company for Guangdong Provincial Government, and actively promoted the “One Belt One Road”national strategy. In addition, Utrust International has expanded its footprints in the global market while achieving considerable investment returns.