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Guangxi Guigan Electric Power

Sector: Hydro • Location: China

Source: World Bank Group

Project
Active

Guangxi Guigan Electric Power issued 110 million shares (16.3% stake) on the Shanghai Stock Exchange in Mar. 2000, raising US$ 83.3 million in divestiture revenues. In the end of 1999 the company had 565 million shares (the two major shareholders were the government owned Guangxi Power Co. Ltd. and the Guangxi Development Investment Co. Ltd.). The resources will be used to finance the construction

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The project “Guangxi Guigan Electric Power” is an infrastructure initiative in the Hydro sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Participants

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Company

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Original status

active

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Description

Description

Guangxi Guigan Electric Power issued 110 million shares (16.3% stake) on the Shanghai Stock Exchange in Mar. 2000, raising US$ 83.3 million in divestiture revenues. In the end of 1999 the company had 565 million shares (the two major shareholders were the government owned Guangxi Power Co. Ltd. and the Guangxi Development Investment Co. Ltd.). The resources will be used to finance the construction of the Bailongtan Hydro Power Plant and the technical transformation of the Dahua Hydro Power Plant. The company generated 2,500 MWh in 1999, which accounts for 10% of the power grid of the whole Guangxi Zhuang Autonomous Region. The company has an installed capacity of 592 MW. None None

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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