Huadian Inner Mongolia, northern China’s plan to stake the company Longyuan Wind Power Co., Ltd replenishment of about 200 million yuan.

Huadian Inner Mongolia, northern China Longyuan company shares company, equity ratio of 18.75%, the remaining shares of the company’s controlling shareholder of Inner Mongolia, northern China Huadian Electric Power Co., Ltd. jointly hold. In recent years, the North Longyuan have built a number of companies wind power projects revealed that the project total investment of 5.067 billion yuan total, the proportion of capital project-related documents in accordance with approved, the capital investment is about 1.1 billion. Equity ratio calculated in accordance with Huadian Inner Mongolia, Inner Mongolia North Long Yuan’s Huadian required replenishment of about 200 million yuan, the remainder being financed the northern power. The two sides are the cash capital increase.

According to the northern royal progress of the Company’s projects, as well as capital investment plans, the company in 2009 to the company’s capital increase required to 76.1538 million yuan and the remaining funds will be based on the northern royal progress of the Company’s projects in place year after year. At present, the Northern United Power Co., Ltd. has completed pre-injection of 330 million yuan.

Notice introduction, the North Longyuan company has started construction projects put into operation: Huitengxile 40MW wind farm expansion project, the construction scale of 40MW, the project total investment of 43,269 million; Zhu and wind power technology projects, the construction scale 7.5MW project  3,109 million; Xilinhot Phaeton Liang 49.5MW wind power plant projects; Zhu and II, a 49.3MW wind farm projects, a total investment of 47,121 yuan.

Northern Longyuan company has not yet been approved and started production of the projects include: Huitengxile wind farm in the use of the Dutch government preferential loans, the project construction scale of 23.1MW; Huitengxile 100MW wind farm in World Bank projects, the project construction scale of 100MW ; Xi Meng Liang Phaeton 300MW wind power concession projects.

Huadian Inner Mongolia, said the North Longyuan replenishment, can further promote the company’s “energy-saving emission reduction,” and reduce energy consumption.

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