Wu Ling Power

Wu Ling Power was incorporated in the PRC on 3 May 1005 and registered as a sino-foreign joint venture with limited liability on 11 April 2006. Wu Ling Power currently
has two shareholders, namely CPI Group and Hunan Xiangtou International Investment Limited, an independent third party, which have 63% and 37% equity holding in Wu Ling Power, respectively. Wu Ling Power is principally engaged in the development, production and supply of hydropower in Hunan and Guizhou. 
 
  

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China Power (HKG:2380) Acquires 63% Interest in Wu Ling Power And Becomes The Cleanest Overseas-listed Power Company In China With The Highest Portion Of Hydropower

🕔6/9/2009 1:47:49 PM 9481

China Power International Development Limited ("China Power" or the "Company") (HKG:2380) is pleased to announce its acquisition of 63% of equity interest in Wu Ling Power from China Power International Holding Limited (hereafter referred to as "CPI Holding", a wholly-owned subsidiary of China Power Investment Corporation, the ultimate controlling shareholder of the Company) at a consideration of RMB4,465,087,500

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Company Data

    Principal Sector
  • Energy 
    • Principal Industry
  • Energy