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China Hydroelectric Corp Completes Sale Of Yuheng Hydroelectric Power Project


Monday, 29 Apr 2013 08:00am EDT 

China Hydroelectric Corp announced that it has closed previously announced sale of the Yuheng hydroelectric power project, a 30 megawatt (MW) project located in Fujian province. This sale, for total consideration of approximately $44.3 million, has resulted in net proceeds of $20.8 million to the Company after the assumption of debt by the buyer. The Company previously announced the sale of the Yuheng hydroelectric power project on October 18, 2012. 

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