Changan Electric Power to acquire Hubei Electric Power from National Energy Group

Changan Electric Power announced a plan to acquire 100% equity of Hubei Electric Power from National Energy Group for 6.06 billion yuan, paid via shares and cash, to integrate power generation assets in Hubei Province.

“长源电力拟向国家能源集团发行股份及支付现金购买其持有的湖北电力100%股权，经交易双方协商，初步确定以评估价值60.6亿元为本次交易标的资产之交易价格。”21jingji.com

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• 21jingji.com深度｜绿色能源整合提速 长源电力拟购买国电湖北电力100%股权 - 21经济网Nov 24, 2020

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