58.25亿元！华能水电拟募资

Core Viewpoint - Huaneng Lancang River Hydropower Co., Ltd. plans to raise up to RMB 58.25 billion through a private placement of A-shares to fund two hydropower projects, RM and TB, contributing to the "West-to-East Power Transmission" strategy and promoting integrated renewable energy development [1][3][30]. Group 1: Fundraising and Project Details - The total amount to be raised is RMB 58.25 billion, with net proceeds after issuance costs allocated to RM Hydropower Station (approximately RMB 43.25 billion) and TB Hydropower Station (approximately RMB 15 million) [2][44]. - The total investment for the RM Hydropower Station project is approximately RMB 584 million, while the TB Hydropower Station project has a total investment of approximately RMB 200 million, leading to a combined project investment of approximately RMB 784 million [2][45]. Group 2: Strategic Importance - The fundraising aims to support the implementation of the "West-to-East Power Transmission" strategy, addressing the energy resource imbalance between the resource-rich western region and the energy-deficient eastern region [3][30]. - The projects are expected to alleviate electricity pressure in the eastern regions and stimulate economic development in the western regions by attracting investment and enhancing infrastructure [3][30]. Group 3: Regulatory and Issuance Details - The issuance will target no more than 35 specific investors, including securities investment funds, securities companies, trust investment companies, and qualified foreign institutional investors [2][14]. - The shares will be issued at a price not lower than 80% of the average trading price over the last 20 trading days prior to the pricing date, ensuring compliance with regulatory requirements [15][37].