Huaneng Power Raises RMB2.5 Billion with New Energy Supply Assurance Notes

Huaneng Power International ( (HK:0902) ) has provided an announcement.

Huaneng Power International has issued its ninth tranche of 2026 mid-term notes, designated as a Special Debenture for Energy Supply Assurance, raising RMB2.5 billion. The notes carry a 2+N-year maturity structure, a face value of RMB100 per unit, and an interest rate of 1.67%, and were placed in the domestic interbank bond market through an underwriting syndicate led by CITIC Securities, China Securities, and Guotai Haitong Securities.

The proceeds will be fully used to refinance existing special debentures previously issued for energy supply assurance, indicating a focus on managing funding costs and maintaining liquidity while supporting stable energy provision. The issuance falls within an existing mandate allowing the company to issue up to RMB170 billion equivalent in debt instruments during the approved period, underscoring its continued reliance on bond markets to support capital structure and operational resilience.

The most recent analyst rating on (HK:0902) stock is a Sell
with a HK$4.75 price target.
To see the full list of analyst forecasts on Huaneng Power International stock,
see the HK:0902 Stock Forecast page.