Jianghe Rural includes six small hydro projects with a total generating capacity of 241MW located in China’s Yunnan and Fujian provinces.
Acquisition of 35% ownership was completed on June 3, 2010 and the transfer of the remaining 14% ownership, which is subject to approval by the Chinese government, is expected to occur by the end of 2010.
Jianghe Rural develops, constructs and operates small to medium hydro projects in China. It was founded as a JV between China Water Affairs Group, an investor in water supply and treatment services in China, and China Water Investment, a wholly-owned subsidiary of the China Three Gorges Corporation that specializes in the development and operation of renewable energy projects in China.
AES China currently operates the 25MW Cili hydroelectric power plant in Hunan province, and the Jianghe Rural small hydropower projects will increase its aggregate hydroelectric operating capacity to approximately 266MW.
