Panda Green Energy has revealed plans to pay CNY 196 million ($29.75 million) to acquire Inner Mongolia Guorun Chayouqianqi Electricity, which owns an operational 50 MW solar plant in northern China.The transaction will involve two separate payments, according to a statement to the Hong Kong stock exchange. Chayouqianqi United Photovoltaics Electricity, an indirect wholly owned group unit, will pay CNY 2.02 million to Beijing Guoruntianneng New Energy Technology, a system integrator and EPC services provider. It will also pay CNY 193.97 million to renewables investor and power generator Tibet Huaxin New Energy.
The 50 MW project is located at an undisclosed site in China's Inner Mongolia region. Inner Mongolia Guorun ...Den vollständigen Artikel lesen ...