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China Power International Development ( (HK:2380) ) has shared an update.
China Power International Development Limited has announced the issuance of a RMB2 billion green medium-term note, known as a Blue Bond, in the People’s Republic of China. This bond, which is part of the company’s debt financing instruments, is aimed at supporting projects with positive environmental impacts, specifically in the ocean sector. The proceeds from this issuance will be directed towards the construction and operation of a 450MW offshore wind power project in Shandong Province, enhancing the company’s commitment to sustainable energy and ocean conservation.
The most recent analyst rating on (HK:2380) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
More about China Power International Development
China Power International Development Limited operates in the energy sector, focusing on the development and operation of power plants. The company is involved in generating electricity from various sources, including thermal, hydropower, and renewable energy, with a significant market focus on sustainable energy solutions.
Average Trading Volume: 31,695,226
Technical Sentiment Signal: Buy
Current Market Cap: HK$40.82B
See more data about 2380 stock on TipRanks’ Stock Analysis page.