- The new owner is not BTU Ventures
- The seller was not BTU Ventures
New owner is described as China Guangdong Nuclear Power Corp (CGNPC), a major Chinese state-owned nuclear power corporation. The excerpt and article from one of the advisory law firms follows:
"Freshfields Bruckhaus Deringer has advised China Guangdong Nuclear Power Corp on its acquisition of Meiya Power Company Limited from Standard Chartered Private Equity and Noonday Asset Management."
Link: Freshfields advises China Guandong Nuclear Power Corp on its acquisition of Meiya Power:
From another source:
Question: Wonder how long the Chinese government is going to let BTU Ventures keep claiming those assets as part of the BTU Group portfolio?
From another source:
"China GuangdongNuclear Power Company (CGNPC) announced on Monday it accomplished acquisition of 100% of clean energy-focused Meiya Power Company on November 5."Link: HighBeam Research | Guangdong Nuclear Power Buys 100% of Meiya Power
Question: Wonder how long the Chinese government is going to let BTU Ventures keep claiming those assets as part of the BTU Group portfolio?
1 comment:
Answer to the Question: Mr. Wael Al-Mazeedi is living in the past. When he opens his eyes in the present, he will see that he is a failure.
The Chinese government knows, but they most likely do not care of BTU or QGEN are not worth the time.
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