Binhai Investment and Huaneng Partner for Energy Growth

Binhai Investment Co (HK:2886) has released an update.

Binhai Investment Company Limited announced that its subsidiary, Tianjin TEDA Binhai Clean Energy Group, has entered into a strategic cooperation agreement with Huaneng Power Plant to enhance gas supply and explore new energy opportunities. This partnership aims to leverage both companies’ resources to focus on gas utilization and potential developments in photovoltaic and wind power sectors. The agreement signifies Binhai’s commitment to transforming into an integrated energy supplier while achieving mutual growth.

For further insights into HK:2886 stock, check out TipRanks’ Stock Analysis page.