Shenzhen Expressway enters agreement to buy Nanjing Wind Power
The Shenzhen Expressway Co Ltd has announced that it has entered into an Acquisition Agreement with Nanjing Wind Power. Pursuant to the Acquisition Agreement, Shenzhen Expressway Co Ltd shall acquire 30% equity interest in Nanjing Wind Power at the consideration of CNY210 million (US$30.4 million), and make a one-way contribution of CNY300 million (US$43.44 million) into Nanjing Wind Power after completion of the acquisition. Shenzhen shall then hold 51% equity interest in Nanjing Wind Power.
Nanjing Wind Power is active in the research and development (R&D), manufacture, installation and maintenance of wind turbines, as well as in the investment in and operation of wind farms.
Country updates
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May 03, 2019
China Energy Engineering starts construction of 500 MW solar park and 268.6 MWh ES plant
China Energy Engineering Corp Ltd, through its subsidiaries, has commenced the construction of its 500 MW solar photovoltaic plant and a 130.88 MW/268.6 MWh energy storage facility. China...
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April 17, 2019
China Everbright Greentech secures Anhui Yeji Biomass project II and Jiangsu Suqian General Industrial Solid Waste project
China Everbright Greentech Limited has secured the development of two projects: Anhui Yeji Biomass Electricity and Heat Cogeneration Project (Yeji Project) Phase II and Jiangsu Suqian General Ind...
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April 12, 2019
EDF Renewables buys majority stake in 77 MWp solar projects in China
EDF Renewables in China is acquiring a majority stake in a 77 MWp rooftop PV assets portfolio from Asia Clean Capital (ACC). For the past year, ACC and EDF Renewables have been in partnership in the c...
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April 11, 2019
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April 10, 2019
EDF to build and operate two offshore wind projects in China
EDF has signed an agreement for low-carbon projects in China. The agreement establishes the partnership entered into with the Chinese power utility China Energy Investment Corporation. The cooperation...
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