CLP participated in the signing of the “Fangchenggang Hi-Tech Zone Incremental Distribution Network Franchise Agreement” on 19 February, 2019. Under the leadership of local governments, CLP jointly established FCG Hi-Tech Zone Smart Energy Supply Co., Ltd., which commenced to provide electricity supply services to customers in Fangchenggang Hi-Tech Zone in January 2020.
Fangchenggang Incremental Distribution Network
CLP's Equity Interest
22.05
%
Type
Transmission & Distribution Network
Location
Fangchenggang, Guangxi, China
Ownership
FCG Hi-Tech Zone Smart Energy Supply Co., Ltd.
Equity Interest
- CLP – 22.05%
- Guangxi Power Grid Co., Ltd. – 49%
- TUS – CLEAN ENERGY – 22.95%
- Fangchenggang Hi-Tech Zone Investment Development Co., Ltd. – 6%