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Longyuan Power to invest CNY632M in Guodian United Power · Endata

◂ Announcements

Power Generation Equipmentworld trade 2024+2.1% 5Y CAGR

Jun 16, 2021INVESTMENTChina

Longyuan Power to invest CNY632M in Guodian United Power

Longyuan Power agreed to invest CNY632 million in Guodian United Power as part of a capital increase and equity restructuring involving China Energy and Guodian Tech&Environment. The deal aims to improve Guodian United Power's financial position and expand its wind turbine manufacturing capacity.

Value

$98.0M (632.0M CNY)

Status

Announced

Productswind turbines

CompaniesChina Energy investor Longyuan Power investor Guodian Tech&Environment investor Guodian United Power target

Sectors#Power Generation Equipment

“本次交易将有利于改善国电联合动力财务状况，提升国电联合动力产能，大幅降低其财务风险”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com龙源电力(00916)拟向国电联合动力增资6.32亿元改善国电联合动力财务状况Jun 16, 2021

Summarized from public sources; check the original articles before acting on it.

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