07 November 2014
HPI has successfully completed its H-share private placement

Huaneng Power International Inc. (“Huaneng International”, or “the Issuer”) successfully announced its placing of new H shares on Nov.5, 2014 ( “the Placing”). In this transaction, CICC acted as Joint Global Coordinator, Joint Bookrunner, and Joint Placing Agent. According to the general mandate from the General Meeting of Shareholders of the issuer, the Placement alloted to no more than 10 investors on a non-public basis. An aggregate 365 mn H shares were issued to raise HKD 3.139 Bn, with the final placing price of HKD 8.60 per share. The transaction is ranked as the largest equity deal in utility sector in 2014 YTD in Hong Kong Market.