Slaughter and May advised Mizuho Bank - HK$7.424 billion and US$220 million syndicated loan facility for China Resources Power
Slaughter and May, Hong Kong, advised the facility agent, Mizuho Bank, Ltd., Hong Kong Branch, on a HK$7.424 billion and US$220 million syndicated loan facility for China Resources Power Holdings Company Limited (CR Power). The facility was entered into on 30 March 2015.
CR Power is an investment holding company which was founded in August 2001 as a flagship Hong Kong-listed company of CR (Holdings) Limited. CR Power, along with its subsidiaries, is engaged in the development, construction and operation of power plants, including large-scale efficient co-fired generation units, and various clean and renewable energy projects, as well as development, construction and operation of coal mines. It has three operating segments: coal-fired power, renewable energy and coal mining.
CR Power was listed on the Main Board of the Hong Kong Stock Exchange in November 2003. In March 2004 CR Power was added to Hang Seng Composite Industry Index (Utilities) and Hang Seng China-Affiliated Corporations Index. In June 2009 the Company formally became one of the constituent stocks of the Hang Seng Index making it the only Chinese invested power company on the Hang Seng Index.