# China Everbright Water subsidiary wins bid for 65% stake in Tianjin Huantang Sewage Treatment Company

A subsidiary of China Everbright Water Limited successfully won a bid to acquire a 65% equity stake in Tianjin Binhai New Area Huantang Sewage Treatment Company.

- Type: Acquisition
- Announced: 2021-01-10
- Where: Tianjin Binhai New Area, China
- Value: $103.0M (666.0M CNY)
- Status: announced
- Capacity: 220,000 cubic meters per day
- Products: sewage treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [China Everbright Water](https://endata.com/companies/16056.md) (acquirer)
- [Tianjin Binhai New Area Huantang Sewage Treatment Company](https://endata.com/companies/52414.md) (target)
- [Tianjin Binhai New Area Huantang Wastewater Treatment Co., Ltd.](https://endata.com/companies/52720.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/391573.html), 2021-01-10: "中国光大水务附属成功竞得天津滨海新区环塘污水处理公司65%股权。"
- [hkcd.com](https://hkcd.com/hkcdweb/content/2021/01/22/content_1244380.html), 2021-01-22: "购买天津滨海新区环塘污水处理有限公司65%股权，该交易事项之代价约人民币6.66亿元。"
- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/398159.html), 2021-01-22: "北京光大水务同意购买及天津滨海环保同意出售标的公司的65%股权，代价为人民币6.66亿元。"

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