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Investment Summary

Huaneng Power International Invests In Shenzhen Energy Group Co.

On January 28, 2003, Huaneng Power International invested in energy services and equipment company Shenzhen Energy Group Co.

Investment Highlights
  • This is Huaneng Power International’s 1st transaction in the Energy Services and Equipment sector.
  • This is Huaneng Power International’s 1st transaction in China.

Investment Summary
Date 2003-01-28
Target Shenzhen Energy Group Co.
Sector Energy Services and Equipment
Investor(s) Huaneng Power International
Deal Type Stake Purchase

Target

Shenzhen Energy Group Co.

Shenzhen, China
Shenzhen Energy Group Co., Ltd. is an own and operator of power and gas plants.

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Investor(S) 1

Investor

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 1 of 26
Sector: Energy Services and Equipment M&A 1 of 4
Type: Stake Purchase M&A Deals 1 of 2
Country: China M&A 1 of 26
Year: 2003 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-30 Henan Huaneng Qinbei Power Co.

Jiyuan City, China

Henan Huaneng Qinbei Power Ltd. Co. is a provides and operates a thermal power plant which manufactures ultra-supercritical power units.

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