M&A Deal Summary

Huaneng Power International Acquires Huaneng Shandong Power Generation

On October 14, 2016, Huaneng Power International acquired renewable energy company Huaneng Shandong Power Generation from China Huaneng Group

Acquisition Highlights
  • This is Huaneng Power International’s 3rd transaction in the Renewable Energy sector.
  • This is Huaneng Power International’s 26th transaction in China.

M&A Deal Summary

Date 2016-10-14
Target Huaneng Shandong Power Generation
Sector Renewable Energy
Buyer(s) Huaneng Power International
Sellers(s) China Huaneng Group
Deal Type Divestiture

Target

Huaneng Shandong Power Generation

China
Huaneng Shandong Power Generation Co., Ltd. is an owns and operator of wind farms.

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Buyer(S) 1

Buyer

Huaneng Power International

Beijing, China

Category Company
Founded 1994
Sector Utilities
Employees57,513
Revenue 204.6B CNY (2021)
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 26 of 26
Sector (Renewable Energy) 3 of 3
Type (Divestiture) 22 of 22
Country (China) 26 of 26
Year (2016) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-14 Huaneng Henan Zhongyuan Gas Turbine Power

China

Huaneng Henan Zhongyuan Gas Turbine Power Co., Ltd. is an own and operator or wind farms.

Buy -

Seller(S) 1

SELLER

China Huaneng Group

Beijing, China

Category Company
Founded 1985
Sector Utilities
DESCRIPTION

China Huaneng Group is a power generation company.


DEAL STATS #
Overall 13 of 13
Sector (Renewable Energy) 3 of 3
Type (Divestiture) 12 of 12
Country (China) 13 of 13
Year (2016) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-14 Huaneng Henan Zhongyuan Gas Turbine Power

China

Huaneng Henan Zhongyuan Gas Turbine Power Co., Ltd. is an own and operator or wind farms.

Sell -