Luoyang is a regulated 270MW cogeneration power plant, consisting of two 440 ton per hour circulating fluidized bed boilers and two 135MW condensing-extraction steam turbine generators. It is located in the Henan Province of China.
The other shareholders in Luoyang are Luoyang Hailong Power Investment & Consultancy with a 33% stake and Luoyang City Gas General Company with a 17% stake.
Colin Tam, AEI’s CEO for Asia, said: Louyang is our first power generation business in China. This acquisition will help establish a platform for growth in one of the world’s largest emerging markets.
