Hong Kong, 4 November 2026 – Jinko Power Technology Co., Ltd. (“Jinko Power” or the “Company”; SSE: 601778), a global independent power producer and renewable energy developer, today joined SACE, SMBC and Intesa Sanpaolo at the signing ceremony in Hong Kong for the EUR 50 million green facility to support the development of renewable energy projects in Italy.
The financing will support Jinko Power’s Italian investment programme, which includes the development of six solar photovoltaic and agrivoltaic plants, together with battery energy storage systems (BESS). The programme represents an estimated total investment of approximately EUR 126.7 million and is intended to contribute to the expansion of renewable energy generation and storage capacity in Italy.
SMBC and Intesa Sanpaolo jointly arranged the facility as Mandated Lead Arrangers and Bookrunners through their respective Hong Kong branches. SMBC also acted as Coordinating and Green Loan Structuring Bank and Agent. The facility is supported by a Green Financial Guarantee from SACE, Italy’s Export Credit Agency.
The transaction brings together Jinko Power’s renewable energy development capabilities, international bank financing and SACE’s guarantee support to advance investment in Italy’s energy transition.
“Italy is an important market for Jinko Power’s international renewable energy business. This financing supports the development of our Italian portfolio and brings together partners with complementary financial and industrial capabilities,” said LIU XIAOJUN, Board Director and Chief Financial Officer at Jinko Power. “We appreciate the support of SACE, SMBC and Intesa Sanpaolo. Our focus is on combining our global development expertise with strong local partnerships to deliver high-quality solar and storage assets and create lasting value in Italy.”
Jinko Power and SACE signed a Memorandum of Understanding in April 2026 to support the Company’s clean energy investment strategy in Italy and facilitate the participation of Italian companies in photovoltaic, agrivoltaic and energy storage projects. The financing marks a further step in their cooperation.
The transaction was marked by a signing ceremony in Hong Kong attended by representatives of Jinko Power, SMBC, Intesa Sanpaolo and SACE, in the presence of Francesco Paolo Cannito, Consul General of Italy in Hong Kong and Macao.
About Jinko Power
Founded in 2011, Jinko Poweris a global independent power producer and renewable energy developer that develops, finances, builds, owns and operates solar power projects. The company is dedicated to making solar energy one of the most sustainable and competitive sources of power globally, while expanding its energy storage, and integrated energy services businesses.
As of September 30, 2026, Jinko Power ownsa solar power portfolio of approximately 4.9 GW and standalone energy storage assets totalling 657 MWh in China, and around 4.37 GW of solar projects developed, constructed and in operation internationally. The company has an established track record in developing and investing in large-scale solar projects, with international activities across the Middle East, Europe, Latin America and Asia-Pacific.
