# CLP Holdings to acquire 17% stake in Yangjiang Nuclear Power for $724.85m

CLP Holdings agreed to acquire a 17% stake in Yangjiang Nuclear Power Co. from CGN Power and its subsidiary for CNY 5 billion ($724.85 million). Yangjiang Nuclear Power owns the 6,516MW Yangjiang nuclear power station in Guangdong, China.

- Type: Acquisition
- Announced: 2016-12-01
- Where: Guangdong, China, China
- Value: $724.9M
- Status: announced
- Capacity: 6516 MW
- Products: nuclear power generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [CLP Holdings](https://endata.com/companies/20336.md) (acquirer)
- [CGN Power Co.](https://endata.com/companies/20337.md) (partner)
- [Guangdong Nuclear Investment Co.](https://endata.com/companies/20338.md) (partner)
- [Yangjiang Nuclear Power Co.](https://endata.com/companies/20339.md) (target)

## Sources

- [power-technology.com](https://www.power-technology.com/news/newsmas-this-week-united-technologies-clp-holdings-abu-issa-holding-5685867/), 2016-12-01: "CLP Holdings has reached an agreement with Chinese power companies CGN Power Co. and its subsidiary Guangdong Nuclear Investment Co. (GNIC) to acquire a 17% stake in Yangjiang Nuclear Power Co."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.