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Huaneng Power International

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Huaneng Power International Inc.
华能国际电力控股有限公司
Company typePublic (SEHK: 902, SSE: 600011, NYSE: HNP)
ISINCNE000001998
CNE1000006Z4 Edit this on Wikidata
IndustryPower generation
Founded1994
Headquarters
Beijing
,
People's Republic of China
Area served
People's Republic of China
Key people
Chairman: Mr. Huang Yongda
Revenue113,814,236,000 renminbi (2016) Edit this on Wikidata
10,347,987,000 renminbi (2016) Edit this on Wikidata
Total assets314,839,739,000 renminbi (2016) Edit this on Wikidata
Number of employees
42,210 (2016) Edit this on Wikidata
ParentChina Huaneng Group
WebsiteHuaneng Power International

Huaneng Power International Inc., or Huaneng, was established in 1994 administrated by the State Council of the People's Republic of China. It is one of the five largest power producers in China. It engages in the development, construction and operation of large power plants.[1] China Huaneng Group (CHNG) has an 11.11% stake in the company, Huaneng International Power Development Corporation (HIPDC) has a 36.05% stake in HPI.[2] CHNG has a 51.98% stake in HIPDC.[3]

In 2008 Huaneng acquired Tuas Power from Singapore's Temasek Holdings for $3 billion US dollars.[4][5]

References

  1. ^ Company Profile
  2. ^ http://www.hkexnews.hk/listedco/listconews/sehk/2014/0818/LTN20140818294.pdf P.19
  3. ^ http://www.irasia.com/listco/hk/huanengpower/press/p101228.htm
  4. ^ China Business News: Huaneng Restructures Tuas Fiancancing
  5. ^ http://www.temasek.com.sg/mediacentre/newsreleases?detailid=8422
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