Profile: China Hydroelectric Corp (CHC.N)
7 Mar 2014
China Hydroelectric Corporation is a consolidator, operator and developer of small hydropower projects in the People’s Republic of China. The Company owns 100% of 11 operating hydropower projects and has a controlling interest in another operating hydropower project. The projects are located in Zhejiang, Fujian, Yunnan and Sichuan. In addition, the Company expanded its operations through the acquisition, pending government approval, of development rights to a 1000 mega watt (MW) pumped storage hydropower plant in Henan province. The 1000 MW pumped storage hydropower plant in Henan province is a Greenfield project. In March 2012, the Company sold 100% of the Yuanping hydroelectric power project. In April 2013, the Company sold the Yuheng hydroelectric power project, a 30 megawatt (MW) project located in Fujian province.
The Company’s primary business is to identify and evaluate acquisition opportunities and acquire, operate and, in some cases, complete construction of small hydropower plants in the People’s Republic of China. As of December 31, 2008, the installed capacity at the Company’s plants was at 271 MW.
China Hydroelectric Corp
901 Marco Polo Plaza Building
No. 80 Anli Road, Chao Yang Dist
BEIJING BEJ 100101