# Guodian Kehuan subsidiary invests 26 million yuan in joint venture for compressed air station

Guodian Kehuan's subsidiary Longyuan Environmental Protection agreed to invest 26 million yuan (26% stake) in a joint venture with Tiandian Company and Jintongling Company to build a centralized compressed air supply station at Tiandian's plant, using steam power for cogeneration.

- Type: Investment
- Announced: 2020-08-13
- Where: China
- Value: $3.75M (26.0M CNY)
- Status: announced
- Products: compressed air, steam power, distributed energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Guodian Kehuan](https://endata.com/companies/49469.md) (investor)
- [Longyuan Environmental Protection](https://endata.com/companies/49470.md) (investor)
- [Tiandian Company](https://endata.com/companies/49471.md) (partner)
- [Jintongling Company](https://endata.com/companies/49472.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/326987.html), 2020-08-13: "合营企业将在天电公司厂区建设一座以供热蒸汽为动力驱动的集中式压缩空气供应站，通过热气联产对外集中供气。"

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