Zhongdian Shentou

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202120222023202420252026

Acquisition

Nov 26, 2021ACQUISITIONShanxi Province, China$32.3M
China Power to sell 40% stake in Zhongdian Shentou to limited partnership
China Power announced it will form a limited partnership with Dongyin Tianjin, Orient Asset Management and SPIC Capital Management, contributing RMB268 million for a 35% stake. The partnership will acquire 40% of Zhongdian Shentou (a coal-fired power plant subsidiary) for RMB206 million, plus a debt transfer of RMB560 million.
China Power International Development Dongyin Tianjin partner Orient Asset Management partner SPIC Capital Management partner Zhongdian Shentou target #Power Generation Equipment beta.zhitongcaijing.com

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Zhongdian Shentou: plants, expansions, contracts and acquisitions · Endata