Divestiture • Construction

Huaneng Power International Acquires Fujian Luoyuanwan Pier Co.

On January 4, 2010, Huaneng Power International acquired construction company Fujian Luoyuanwan Pier Co. from Shandong Electric Power

Acquisition Context
  • This is Huaneng Power International’s 2nd transaction in the Construction sector.
  • This is Huaneng Power International’s 13th transaction in China.

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M&A Deal Summary

Date January 4, 2010
Target Fujian Luoyuanwan Pier Co.
Sector Construction
Buyer(s) Huaneng Power International
Sellers(s) Shandong Electric Power
Deal Type Divestiture

Target Company

Fujian Luoyuanwan Pier Co.

China
Fujian Luoyuanwan Pier Co., Ltd. is a provider of construction services for power plants in china.
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Buyer Overview 1

Buyer

Huaneng Power International

Beijing, China

Category Company
Founded 1994
Sector Utilities
Employees56,263
Revenue 254.4B CNY (2022)
DESCRIPTION

Huaneng Power International is a power producer, generates and sells electricity and heat to the regional or provincial grid companies. Huaneng Power International was founded in 1994 and is based in Beijing, China.


Deal Context for Buyer #
Overall 13 of 26
Sector: Construction 2 of 4
Type: Divestiture 11 of 22
Country: China 13 of 26
Year: 2010 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-04 Shandong Luneng Sea Transportation Co.

China

Shandong Luneng Sea Transportation Co., Ltd. is a provider of marine transportation services to enegry industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-01 Hainan Nuclear Power Co.

China

Hainan Nuclear Power Co., Ltd. is a provider of construction, operation and management of nuclear power plants; production and sales of electricity and related products; technology advisory and services.

Buy CN¥174M

Seller Profile 1

SELLER

Shandong Electric Power

Jinan, China

Category Company
Sector Utilities
DESCRIPTION

Shandong Electric Power Corp. is a power generation company. It own power plants in china.


Deal Context for Seller #
Overall 9 of 9
Sector: Construction 2 of 2
Type: Divestiture 9 of 9
Country: China 9 of 9
Year: 2010 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-04 Shandong Luneng Sea Transportation Co.

China

Shandong Luneng Sea Transportation Co., Ltd. is a provider of marine transportation services to enegry industry.

Sell -

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