
About Sunsteppe Power
- Sunsteppe Power LLC, registered in Mongolia, is a leading renewable energy development company. Formed as a partnership with Petro Matad Limited, Sunsteppe Power focuses on developing large-scale renewable energy projects in Mongolia.
- SSP focuses on development and investment in all types of utility scale renewable power projects in Mongolia, including the related infrastructure for projects
- Strong relationships with key Government Authorities, Off takers and Private stakeholders
- All our developments aim to meet international standards and bankability, including but not limited to the Environmental studies done at World Bank IFC International standards / Equator principles.
- Emission Reduction/Clean Air for Future Generations: focus on sustainable energy projects, pushing Mongolia to achieve NetZero, in line with the Government’s Vision 2050.
- Strategic partnership with large international partners and top Chinese SOE Utilities
About Petro Matad
- A Mongolian subsidiary of London listed Petro Matad, a hydrocarbon exploration and production company operating in Mongolia since 2006.
- 17 years of operational experience in many areas of Mongolia. The company has raised over 100 MUSD of international investments and started oil production in 2024
- Petro Matad is a company focused on delivery of energy in Mongolia from both the hydrocarbon and renewables sectors. In Mongolia’s hydrocarbon sector the group holds 100% working interest and is the operator of Production Sharing Contracts (PSCs) over the number of areas with the Government of Mongolia.
- Petro Matad successfully conducted exploration activities in Block XX, located in Dornod Province, and discovered oil at the "Tsen Togoruu I" well in 2019. As a result, the company's stock price on the London Stock Exchange increased.
- The company aims to expand its operations in Mongolia’s oil sector and increase production levels in the future.

Shareholders

London Stock Exchange
Petro Matad started trading its shares on the London Stock Exchange in May 2008.
www.londonstockexchange.com
