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4 months ago
BRIEF-Concord New Energy says Jingmen Shengjingshan, Huaneng Tiancheng and Tianjin Century entered into finance lease arrangement
March 23, 2017 / 3:09 PM / 4 months ago

BRIEF-Concord New Energy says Jingmen Shengjingshan, Huaneng Tiancheng and Tianjin Century entered into finance lease arrangement

1 Min Read

March 23 (Reuters) - Concord New Energy Group Ltd-

* Jingmen Shengjingshan, Huaneng Tiancheng (as lessor), and Tianjin Century (as supplier), entered into finance lease arrangement

* Huaneng Tiancheng agreed to lease equipment to Jingmen Shengjingshan for a term of 12 years

* Huaneng Tiancheng agreed to purchase certain equipment from Tianjin Century, at a total consideration of rmb277 million

* Huaneng Tiancheng agreed to lease equipment to Jingmen Shengjingshan at lease consideration of approximately rmb370.1 million Source text for Eikon: Further company coverage:

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