China’s Huaneng Power International said it has received state approval to invest in Shenzen Energy Group (SEG). The deal and approvals were completed on May 22. On January 28, Huaneng had entered into an agreement to buy over SEG shares from SIH and SEG. It would buy over equity interest representing 10% of SEG’s enlarged…
CHINA: Huaneng Power gets approval to invest in Shenzhen Energy Group Co
Posted on June 3, 2003 by EnergyAsia