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Guiguan Electric Power to Build Luchuan Hengshan Wind Farm for 476 Million Yuan
Guangxi Guiguan Electric Power (600236.SH): plans to invest approximately 0.476 billion yuan to construct the Hengshan Wind Power Project.
On February 17, according to Gelonghui, Guangxi Guiguan Electric Power (600236.SH) announced that the company plans to invest in the construction of the Hengshan Wind Power Project, with a total investment amount of about 0.476 billion yuan, funded by 20% equity and 80% bank loans. The Hengshan Wind Power Project is invested and constructed by the wholly-owned subsidiary of Guangxi Datang Guiguan New Energy Co., Ltd., and its wholly-owned subsidiary Datang Guiguan Lucun New Energy Co., Ltd., with a registered capital of 30.1 million yuan RMB, located at No. 2 Xunhe Road, Wenquan Town, Lucuan County, Yulin City, Guangxi Zhuang Autonomous Region (Building 2-3-903, Biguihua Garden). This investment in the construction of the Hengshan Wind Power Project will further expand.
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