# Puxing Clean Energy subsidiary acquires Quzhou Puxin Gas Turbine Thermal Power for RMB 333M

Puxing Clean Energy's indirect wholly-owned subsidiary Zhejiang Puxing Deneng Gas Power Generation acquired 100% of Quzhou Puxin Gas Turbine Thermal Power from Puxing Juliang for RMB 333 million, gaining a 230 MW gas-fired power plant with heating capacity.

- Type: Acquisition
- Announced: 2020-05-06
- Where: Quzhou, Zhejiang, China
- Value: $47.0M (333.0M CNY)
- Status: announced
- Capacity: 230 MW power, 200 t/h heat
- Products: electricity, heat
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Puxing Clean Energy](https://endata.com/companies/47034.md)
- [Zhejiang Puxing Deneng Gas Power Generation](https://endata.com/companies/47035.md)
- [Quzhou Puxin Gas Turbine Thermal Power](https://endata.com/companies/47036.md) (target)
- [Puxing Juliang](https://endata.com/companies/47037.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/298917.html), 2020-05-06: "收购事项为集团提供难得的机会，可进一步加强其于中国浙江省的业务及营运"

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