Divestiture • Utilities

Huaneng Power International Acquires Huaneng Suzhou Thermal Power Co.

On October 13, 2014, Huaneng Power International acquired utilities company Huaneng Suzhou Thermal Power Co. from China Huaneng Group

Acquisition Context
  • This is Huaneng Power International’s 10th transaction in the Utilities sector.
  • This is Huaneng Power International’s 22nd transaction in China.

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M&A Deal Summary

Date October 13, 2014
Target Huaneng Suzhou Thermal Power Co.
Sector Utilities
Buyer(s) Huaneng Power International
Sellers(s) China Huaneng Group
Deal Type Divestiture

Target Company

Huaneng Suzhou Thermal Power Co.

China
Huaneng Suzhou Thermal Power Co., Ltd. is an own and operator of thermal 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 22 of 26
Sector: Utilities 10 of 11
Type: Divestiture 18 of 22
Country: China 22 of 26
Year: 2014 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-13 Huaneng Chaohu Power Generation Co.

Hefei, China

Huaneng Chaohu Power Generation Co., Ltd. is an owns and operator of thermal power plants in china.

Buy -
FOLLOWING 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 9 of 13
Sector: Utilities 7 of 8
Type: Divestiture 8 of 12
Country: China 9 of 13
Year: 2014 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-13 Huaneng Chaohu Power Generation Co.

Hefei, China

Huaneng Chaohu Power Generation Co., Ltd. is an owns and operator of thermal power plants in china.

Sell -
FOLLOWING 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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