# Huadian Power International to acquire remaining stakes in Mengdong Energy and Fuyuan Thermal Power for CNY 1.5 billion

Huadian Power International agreed to acquire 45.15% of Mengdong Energy and 36.86% of Fuyuan Thermal Power from CCB Financial and BOC Financial for CNY 1.5 billion, making both companies wholly owned subsidiaries.

- Type: Acquisition
- Announced: 2021-03-25
- Where: China
- Value: $231.0M (1.50B CNY)
- Status: announced
- Products: wind power, natural gas cogeneration
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Huadian Power International](https://endata.com/companies/54021.md) (acquirer)
- [Mengdong Energy](https://endata.com/companies/54022.md) (target)
- [Fuyuan Thermal Power](https://endata.com/companies/54023.md) (target)
- [CCB Financial](https://endata.com/companies/54024.md) (partner)
- [BOC Financial](https://endata.com/companies/54025.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/434973.html), 2021-03-25: "公司拟以代价人民币15亿元（可予调整）收购蒙东能源及福源热电45.15%及36.86%股权。"

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