China Longyuan Buys Guodian Wind Assets for About $236 Million

China Longyuan Power Group Corp. (916) bought stakes in wind power and biomass power businesses from its parent company, China Guodian Corp., for about 1.5 billion yuan, according to a statement to the Hong Kong stock exchange.

Guodian holds 63.68 percent of China Longyuan, the statement said.

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