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Jan 5, 2024ACQUISITIONSheqi County, Henan Province, China

ShanGao New Energy to acquire Nanyang Qingdian New Energy for RMB 800M

ShanGao New Energy (01250) announced on January 5, 2024, that its indirect wholly-owned subsidiary Tianjin Beiqing Power Smart Energy will acquire 100% equity of Nanyang Qingdian New Energy for RMB 800 million. The target company owns a 100 MW wind power and smart energy storage project in Sheqi County, Henan Province, China.

Value

$111.0M (800.0M CNY)

Status

Announced

Capacity

100 MW

Productswind powersmart energy storage

CompaniesShanGao New Energy Nanyang Qingdian New Energy target Qingdian Technology Group partner

Sectors#Power Generation Equipment

“集团收购目标项目促使公司获得目标公司的全部权益，而目标公司主要从事(其中包括)目标项目的开发、建设、营运及管理。”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com山高新能源(01250)拟收购南阳清电新能源全部股权Jan 7, 2024

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

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