# Shanghai Electric Power invests 8 million yuan in Shanghai Guochuang Gas Turbine Technology

Shanghai Electric Power (600021.SH) announced it will invest 8 million yuan (CNY) to co-found Shanghai Guochuang Gas Turbine Technology Co., Ltd. with a registered capital of 100 million yuan, alongside subsidiaries of its parent company, to advance gas turbine power generation technology.

- Type: Investment
- Announced: 2022-12-28
- Where: China
- Value: $1.15M (8.00M CNY)
- Status: announced
- Products: gas turbine technology
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Shanghai Guochuang Gas Turbine Technology](https://endata.com/companies/67566.md)
- [Shanghai Electric Power](https://endata.com/companies/24947.md) (investor)
- [China United Heavy Duty Gas Turbine Technology Company](https://endata.com/companies/34767.md) (partner)
- [State Power Investment Corporation Beijing Heavy Gas Turbine Energy Technology Development](https://endata.com/companies/67567.md) (partner)
- [Guodian Investment Technology Innovation Equity Investment Fund](https://endata.com/companies/67568.md) (partner)
- [Shanghai Power Equipment Research Institute](https://endata.com/companies/67569.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/853866.html), 2022-12-28: "公司拟出资800万元与控股股东子公司中国联合重型燃气轮机技术有限公司、国家电投集团北京重燃能源科技发展有限公司、国电投科技创新股权投资基金(天津)合伙企业(有限合伙)、上海发电设备成套设计研究院有限责任公司共同投资上海国创燃机科技有限公司"

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