Sunday, August 7 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Aug 01
Week of Jul 25
Week of Jul 18
Week of Jul 11
Week of Jul 04
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Hunan Shuifa Singyes Green Energy to Acquire Minority Stake in Shuifa Clean Energy from Shuifa Energy Group

    June 24, 2022 - Marketline - Deals


      Deal In Brief

      Hunan Shuifa Singyes Green Energy Co Ltd, a company engaged in the investment in and the operations of photovoltaic power stations and wind power projects, has agreed to acquire a non-controlling equity stake in Shuifa Clean Energy Co Ltd, a renewable energy company, from Shuifa Energy Group Ltd, a company engaged in the investment in and the operations of clean energy assets

      The agreement includes possible grant by the vendor of option exercisable at the discretion of the purchaser to purchase up to all of the remaining equity of the target company held by the vendor after the possible acquisition

      Within 360 days from the date of signing of the MOU, the vendor and the purchaser shall negotiate in good faith and use their best endeavour to enter into legally binding agreements in relation to the possible acquisition and the possible grant of option.

      Deal Type Acquisition
      Sub-Category Minority Acquisition
      Deal Status Announced: 2022-06-23

      Deal Participants

      Target (Company) Shuifa Clean Energy Co Ltd
      Acquirer (Company) Hunan Shuifa Singyes Green Energy Co Ltd
      Vendor (Company) Shuifa Energy Group Co., Ltd.

      Deal Rationale

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)


    Other Articles - Utility Business / General


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.