Divestiture • Renewable Energy

Huaneng Power International Acquires Huaneng Shandong Power Generation Co.

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

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

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M&A Deal Summary

Date October 14, 2016
Target Huaneng Shandong Power Generation Co.
Sector Renewable Energy
Buyer(s) Huaneng Power International
Sellers(s) China Huaneng Group
Deal Type Divestiture

Target Company

Huaneng Shandong Power Generation Co.

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

China

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

Buy -

Seller Profile 1

SELLER

China Huaneng Group

Beijing, China

Category Company
Founded 1985
Sector Utilities
DESCRIPTION

China Huaneng Group is a power generation company.


Deal Context for Seller #
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 Co.

China

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

Sell -

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