RAEF US, the US subsidiary of RAEF (Real Assets Energy Fund), has signed an agreement with WElink Energy/CTIEC to jointly develop a pipeline of new renewable energy projects totaling US$ 1 billion in North America.
CTIEC (China Triumph International Engineering Co. Ltd.) is an engineering, design and EPC contractor that serves as the engineering and technical platform of CNBM (China National Building Material Co. Ltd.) RAEF US will work alongside WElink/CTIEC to identify and develop attractive opportunities in the North American market for renewable energy projects that would be appropriate for acquisition by US institutional investors. Once a viable project opportunity is identified, WElink/CTIEC will take responsibility for the design, engineering, procurement, supply, construction and financing necessary to deliver a fully operational power plant.
