随着国内电力市场逐渐饱和,电力集团“走出去”已是大势所趋。然而,由于电力投资项目具有投资期限长、投资额度大的特点,决定了电力集团进行境外投资必须解决好融资问题,特别是在大多数电力集团资产负债率普遍较高的前提下,高效、低成本融通到境外投资所需的资金,是电力集团必须破解的难题。现行融资环境难以支撑电力集团“走出去”由于受全球经济、金融危机的影响,美欧等经济发达国家竞相推行货币宽松政策,人民币“对外升值、对内贬值”的势头短期内难以逆转,国内外融资环境正悄然发生变化,成为困扰电力集团进行境外投资一个不可忽视的重要因素。宏观层面,一方面从社会资金链来 As the domestic electricity market gradually becomes saturated, the power group “going out ” is the trend of the times. However, due to the long investment duration and large amount of investment, the power investment projects must solve the financing problem when making overseas investment. Especially when the asset-liability ratio of most power groups is generally high, the efficiency, low The cost of financing the funds needed for overseas investment is a problem the power group must crack. Due to the global economic and financial crisis, the economically developed countries such as the United States and Europe are competing for the policy of monetary easing. The momentum of the RMB “external appreciation and internal devaluation” in the short term Difficult to reverse, the domestic and international financing environment is quietly changing, becoming a troubled group of foreign investment can not be ignored an important factor. Macro level, on the one hand from the social capital chain