Others News
- Firms seek loans for Temasek power assets
Date: 16-Oct-2007 Sources: (Shenzhen Daily)
HUANENG Power International Inc. and China Resources Power Holdings Co. are among the domestic power producers seeking loans of up to US$2 billion each to support bids to acquire power assets from Singapore's Temasek Holdings, the South China Morning Post reported yesterday.
The paper cited unnamed sources as saying other mainland power production companies, including Datang International Power Generation Co. and China Power International Development Ltd., are also considering bids for the assets, which are worth between US$2 billion and US$3 billion each.
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