(EnergyAsia, July 14 2010, Wednesday) — Singapore’s Asia Power Corporation said it has agreed to pay RMB76.56 million to acquire an 80% stake in three hydro power plants owned by Chinese firm Hongya by end-2010. (US$1=RMB6.8). The acquisition in the Da Chang He, Hua Qiu Po, and Yang Cheng Qiang hydro plants is subject to…
CHINA: Asia Power to acquire interest in three hydropower plants for RMB76.56 million
Posted on July 13, 2010 by EnergyAsia