China Longyuan Power Group
Addressing Asia’s Energy Needs
As the leading wind power operator in Asia and second-largest globally, China Longyuan Power plays an important role in China’s multipronged strategy to address its growing energy needs. Renewable energy plays a key role in this strategy. To this end, in November 2012, Goldman Sachs successfully priced $400 million in perpetual senior securities offered by China Longyuan Power. The proceeds of this transaction will go towards the company’s capital expenditures, including the development and expansion of their renewable energy business.