# Clean Energy Technologies acquires Jiangsu Huanya Jieneng New Energy

Clean Energy Technologies, Inc. (CETY) finalized the acquisition of Jiangsu Huanya Jieneng New Energy Co. (JHJ), an LNG trading company in China, to enter the natural gas sector.

- Type: Acquisition
- Announced: 2021-11-11
- Where: China
- Status: completed
- Products: liquified natural gas (LNG)
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Clean Energy Technologies](https://endata.com/companies/28584.md) (acquirer)
- [Jiangsu Huanya Jieneng New Energy](https://endata.com/companies/58934.md) (target)

## Sources

- [cetyinc.com](https://cetyinc.com/news/press-release/cety-finalizes-acquisition-of-jiangsu-huanya-jieneng-new-energy-co-allowing-penetration-into-chinas-natural-gas-sector/), 2021-11-11: "This is a key strategic acquisition for CETY as it is expected to significantly increases our revenue, expands our geographic footprint while also taking our energy efficiency offerings beyond our traditional waste to energy and heat recovery solutions."

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