新闻 December 10, 2014

Shearman & Sterling Advises on CGN Power’s US$3.2 Billion Hong Kong IPO

Shearman & Sterling advised CGN Power Co., Ltd. (“CGN Power”), the largest nuclear power producer in China, in connection with its primary listing on the Main Board of The Stock Exchange of Hong Kong Limited and global offering with a size of approximately HK$24.5 billion (US$3.2 billion) (or HK$28.0 billion if the over-allotment option is fully exercised).

CGN Power is the largest nuclear power producer in China, as measured by both total installed nuclear power generating capacity and attributable installed capacity. It operates and manages nuclear power stations, sells electricity generated by these stations, manages and oversees the construction of nuclear power stations and provides related technical research and development and support services. As of June 30, 2014, CGN Power operated and managed 11 nuclear power generating units with a total installed capacity of 11,624 MW.