Date: 2013-07-31

Guangdong Electric Power Joins in Wind Power Farm in Zhuhai

Guangdong Electric Power Development Co will spend CNY 90 million to acquire a 10% stake in an onshore wind power project in Zhuhai, Guangdong Province.

The project will be developed by a consortium led by China Southern Power Grid, the country second-biggest power transmission company, said a person familiar with the matter, adding that the joint operator will have a registered capital of CNY 900 million.

The onshore wind power facility which is expected to cost CNY 4.45 billion with a designed installed capacity of 198 megawatts will start construction in 2012 and go into operation in 2014.

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