TradingMarkets.com
1 Jul 2008
BEIJING, Jul 01, 2008 (Xinhua via COMTEX) -- HNP | Quote | Chart | News | PowerRating -- Huaneng Power International (600011.SH; 0902.HK; HNP.NYSE) said Tuesday that it has basically completed the work to buy out SinoSing Power from its parent company Huaneng Group, upon approval by competent authorities.
Upon full completion of the deal, the company will add 2,670 megawatts of equity power generation capacity, and its interest in the Singapore-based SinoSing Power will rise to 100 percent.
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