China WindPower to sell stake in Gansu subsidiary

PUBLISHED : Monday, 23 May, 2011, 12:00am
UPDATED : Monday, 23 May, 2011, 12:00am
 

China WindPower Group is to sell its 51 per cent stake in Guazhou Co, a developer of wind farms in Gansu province, for 494.814 million yuan (HK$591.3 million) to realise gains on past investments and generate cash for new projects.

Share

 

Send to a friend

To forward this article using your default email client (e.g. Outlook), click here.

Enter multiple addresses separated by commas(,)

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive