China General Nuclear Power European Energy Company Receives Wind Power Project

On December 15, 2014, China Guangdong Nuclear Energy Europe Energy Co., Ltd. and the new energy company affiliated to the French Electric Power Company signed an equity transfer agreement in London, England, and completed the acquisition of an 80% stake in the British Clover wind power project. The Clover wind power project is located in the east of England and consists of three wind farms. The installed capacity is 72MW, which was obtained by CGNPC European Energy Company through competitive bidding in a fully competitive environment.

In order to deploy the European new energy market, China Guangdong Nuclear Power Co., Ltd. registered and established China General Nuclear Nuclear Energy Corporation in France on June 30, 2014. As a wholly-owned subsidiary of China General Nuclear Power Group, China General Nuclear Power Europe Energy is mainly engaged in the business of investment and acquisition, development and construction, operation and maintenance, and asset management of renewable energy projects such as offshore wind power, land-based wind power and solar energy.

As an ultra-large clean energy company supervised by the State-owned Assets Supervision and Administration Commission of the State Council, China Guangdong Nuclear Power is committed to building a world-class clean energy company and becoming a leading global clean energy provider and service provider. At present, China Guangdong Nuclear Power has established a professional nuclear power production, engineering construction, scientific and technological research and development, and nuclear fuel supply guarantee system in line with international standards, forming a layout of clean energy industries such as wind power, hydropower, solar energy, and energy-saving industries. As of the end of October 2014, China Guangdong Nuclear Power Co., Ltd. has undertaken 64% of China's shipments of nuclear power generation units in operation and 51% of nuclear power unit construction under construction. It is operating 11 nuclear power generating units, with an installed capacity of 11.62 million kilowatts. The nuclear power station's safe operating performance continues to be excellent, and its safety performance has reached the world's advanced level; 5 nuclear power generating bases with a total of 13 units with an installed capacity of 15.5 million kilowatts are under construction worldwide. The largest nuclear power builder. In addition, China National Nuclear Power’s non-nuclear clean energy sources such as wind power, hydropower, and solar energy installed more than 10 million kilowatts, achieving a coordinated development of scale and efficiency.