PRC nuclear power company broadens clean energy portfolio with acquisition

    December 14, 2010 | BY

    clpstaff &clp articles

    Chinese state-owned nuclear power company China Guangdong Nuclear Power Corp (CGNPC) has acquired Meiya Power Company (MPC) from Standard Chartered Private…

    Chinese state-owned nuclear power company China Guangdong Nuclear Power Corp (CGNPC) has acquired Meiya Power Company (MPC) from Standard Chartered Private Equity and Noonday Asset Management.

    MPC is an independent power producer that provides clean and sustainable energy. It has investments in 22 power projects operating in China and the Republic of Korea.

    Hong Kong-based Chris Wong and Sam Marchant of Freshfields Bruckhaus Deringer led a team that represented the acquirer. Grandall Legal Group was PRC counsel to CGNPC. The international advisor to MPC was Milbank Tweed Hadley & McCloy, and Jun He Law Offices advised on PRC law.

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