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Concord New Energy Says USD 55,000-per-MW Project Sale Price Reflects Market Rates

By Public Technologies
  • Concord New Energy clarified that the maximum sale price for two project companies is approximately US$ 29.98 million.
  • The valuation uses US$ 55,000 per MW across 545 MW, within the cited ERCOT market range of US$ 30,000–75,000 per MW.
  • Approximately US$ 2.73 million is payable at closing; subsequent payments depend on offtake, construction and commercial operation milestones.
  • NextEra's group was selected for its financial strength and construction capabilities, which the board expects to support recovery of milestone payments.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concord New Energy Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261106-12404398), on November 06, 2026, and is solely responsible for the information contained therein.

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