Another power move in China

Huaneng Power International buys into one of China''s crown jewel power assets.

If you were to extrapolate an MA trend for 2003 from the first weeks of the year, then it would probably be the shuffling of the decks in the Chinese power generation sector.

In the most recent deal, New York-listed Huaneng Power International is taking a 25% stake in Shenzhen Energy Group. This follows close on the heels of Mirant's sale of its 33% stake in the Shajiao C power staton to China Resources.

Both...

To continue reading, please login or register for free

Click for more on: another | power | move | china

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...