Brief: China Datang Corp Renewable Power Announces Joint Venture Agreement

China Datang Renewable Power

11/08/2023 16:08

Aug 11 (Reuters) - China Datang Corp Renewable Power Co
Ltd  1798.HK :
    * DATANG RENEWABLES HK AND DATANG YUNNAN ENTERED INTO JOINT
VENTURE AGREEMENT
    * JOINT VENTURE AGREEMENT IN RELATION TO ESTABLISHMENT OF JV
COMPANY
    * JV CO TO DEVELOP XUNDIAN JULONGLIANG WIND POWER PROJECT
(PHASE
II) & OTHER CLEAN ENERGY POWER GENERATION PROJECTS
    * PURSUANT TO JOINT VENTURE AGREEMENT, TOTAL PROJECT
INVESTMENT
AMOUNTS TO  RMB656.1 MILLION
    * UPON COMPLETION OF TRANSACTION, DATANG RENEWABLES HK &
DATANG
YUNNAN WILL HOLD 30% AND 70% STAKES IN JV CO

Source text for Eikon:  ID:nHKS9tRfkX 
Further company coverage:  1798.HK 

 ((Reuters.Briefs@thomsonreuters.com;))