Power giant embarks on overseas acquisition trail

Huadian Corp charts ambitious plan to be an international player, reports Lan Lan. Lan Lan

After making their first overseas clean energy asset acquisition at the end of last year, officials at Huadian Corp - China's largest natural gas-fired electricity provider and a Fortune 500 company - said the organization is firmly on the lookout for other foreign targets.

One of China's five largest State-owned electricity providers with total installed generating capacity of 123 gigawatts at the end of 2014, Huadian bought full control of a 28-mW wind farm in Barch��n del Hoyo in Spain from Elecdey Barchhin SA.