Zhitong Finance App News, Huaneng Hydropower (600025.SH) announced that the company plans to acquire 100% of HNYL's shares held by the controlling shareholder China Huaneng Group Co., Ltd. (Huaneng Group for short) in cash, with a transaction amount of 8.701 billion yuan. HNYL is a wholly-owned subsidiary of Huaneng Group. It is mainly engaged in investment, development, construction and operation management of clean energy projects such as hydropower, wind power and photovoltaic power generation in and around relevant watersheds in the southwest region, and carries out electricity production and sales and related technical services. As of May 31, 2026, HNYL has put into operation a total installed capacity of 1,541,400 kilowatts and an installed capacity of 830,000 kilowatts under construction.

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