M&A Deal Summary

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

M&A Deal Summary

Date 2010-01-04
Target Fujian Luoyuanwan Pier Co.
Sector Construction
Buyer(s) Huaneng Power International
Sellers(s) Shandong Electric Power
Deal Type Divestiture

Target

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(S) 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 STATS #
Overall 13 of 26
Sector: Construction M&A 2 of 4
Type: Divestiture M&A Deals 11 of 22
Country: China M&A 13 of 26
Year: 2010 M&A 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(S) 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 STATS #
Overall 9 of 9
Sector: Construction M&A 2 of 2
Type: Divestiture M&A Deals 9 of 9
Country: China M&A 9 of 9
Year: 2010 M&A 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 -