Harbin Electric Company

Energy
HKG: 1133
China
Harbin Electric

In 2018, CalSTRS identified Harbin Electric as potentially having ties to Iran. CalSTRS subsequently removed Harbin Electric as it no longer holds securities of the company.

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In 2018 the U.S. state of Ohio listed Harbin Electric on its Iran prohibited companies list rendering Harbin Electric ineligible for investment and/or state contracting.

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"China's Harbin Electric International Company, which has power projects in Iran, Turkey and Indonesia among others, lost the bid on technical grounds, said a Bangladesh official, speaking on condition of anonymity." (February 2016)