--- title: "CHINA POWER acquires 31% of Dazhou Energy for 459 million RMB" description: "CHINA POWER announced a related transaction, acquiring a 31% stake in Dazhou Energy from a Sichuan company. The latter holds the development rights for the \"Northeast Sichuan Efficient Clean Coal Powe" type: "news" locale: "en" url: "https://longbridge.com/en/news/257245097.md" published_at: "2025-09-14T09:42:38.000Z" --- # CHINA POWER acquires 31% of Dazhou Energy for 459 million RMB > CHINA POWER announced a related transaction, acquiring a 31% stake in Dazhou Energy from a Sichuan company. The latter holds the development rights for the "Northeast Sichuan Efficient Clean Coal Power Comprehensive Utilization Integrated Project." The first phase of development involves the construction of two ultra-supercritical coal-fired generating units with a total installed capacity of 2,000 megawatts located in Sichuan Province. The cash consideration amounts to approximately 459 million RMB, which will be paid using internal resources CHINA POWER (02380.HK) announced a related transaction to acquire a 31% stake in Dazhou Energy from a Sichuan company. The latter holds the development rights for the "Northeast Sichuan Efficient Clean Coal Power Comprehensive Utilization Integrated Project." The first phase of development involves the construction of two ultra-supercritical coal-fired generating units with a total installed capacity of 2,000 megawatts located in Sichuan Province. The cash consideration is approximately RMB 459 million, which will be funded through internal resources ### Related Stocks - [02380.HK - CHINA POWER](https://longbridge.com/en/quote/02380.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | China Power Unit Wins RMB452 Million Energy Storage Contract in Connected Deal | China Power International Development's subsidiary, Xinyuan Smart Storage, has secured a RMB452.1 million contract for t | [Link](https://longbridge.com/en/news/274952383.md) | | China Power International Development Ltd. Announces Acquisition of 31% Stake in Dazhou Energy | China Power International Development Ltd. has announced the acquisition of a 31% stake in Dazhou Energy through an Equi | [Link](https://longbridge.com/en/news/257083141.md) | | Report: Bill Gates-backed Breakthrough Energy keeps scaling back its climate initiatives | Seattle's Breakthrough Energy has decided against pursuing additional capital for Catalyst, its initiative that funds fi | [Link](https://longbridge.com/en/news/275933325.md) | | Rising AI Power Demand Is Triggering The Next Energy Bottleneck | The rising demand for electricity driven by artificial intelligence (AI) infrastructure is creating a new energy bottlen | [Link](https://longbridge.com/en/news/275788288.md) | | WEC Energy Stock: Is Wall Street Bullish or Bearish? | WEC Energy Stock: Is Wall Street Bullish or Bearish? | [Link](https://longbridge.com/en/news/275615803.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.