China, Guodian-Shenhua merger, was born a world leader in energy

The merger between the coal giant Shenhua Group and the fifth Chinese electricity producer China Guodian Group is underway, which will lead to the birth of the world's first energy group. This was reported by the Reuters agency. To announce the operation, which comes at the end of months of negotiations, was the government commission for the control of assets. The post-merger group will have an installed capacity of over 225 gigawatts and will become, according to Frank Yu, industry consultant for Wood Mackenzie. It will also be, according to the expert, the largest producer of wind energy with a capacity of 33 gigawatts and the largest producer of coal.

China, Guodian-Shenhua merger, was born a world leader in energy

| Industry, PRP Channel |