Examples of Xx Xxxx Power in a sentence
The principal sum of the Entrusted Loan provided by Xx Xxxx Power to Qian Dong Power under the Xx Xxxx Entrusted Loan Agreement amounts to RMB300,000,000 (equivalent to approximately HK$370,370,370).
On 2 November 2012, Xx Xxxx Xxxxx (a 63%-owned subsidiary of the Company) entered into the Xx Xxxx Entrusted Loan Agreement with Bank of Communications and Xxxx Xxxx Power in relation to the provision of the Entrusted Loan by Xx Xxxx Power to Xxxx Xxxx Power with Bank of Communications acting as the lending agent.
An Entrusted Loan Agreement On 2 November 2012, Xx Xxxx Xxxxx (a 63%-owned subsidiary of the Company) entered into the Xx Xxxx Entrusted Loan Agreement with Bank of Communications and Xxxx Xxxx Power in relation to the provision of an Entrusted Loan by Xx Xxxx Power to Xxxx Xxxx Power with Bank of Communications acting as the lending agent.
It was a condition precedent to the completion of the acquisition that Xx Xxxx Power, Xxxx Xxxx Xxxxx and certain independent financial institutions would enter into entrusted loan agreements for the amount of RMB1.5 billion to govern the debt owed by Qian Dong Power.
The aggregate attributable installed capacity of the Group (including Xx Xxxx Power) is expected to reach approximately 11,285MW by the end of 2009.
Prior to the entering into the Framework Agreement, neither the Group nor any of its members has placed any deposits with CPI Financial except Xx Xxxx Power which was previously a subsidiary of CPI Group before its being acquired by the Company this year.
It is expected that the attributable installed capacity of the Group (including Xx Xxxx Power) will be increased by approximately 21% in the next 3 years.
The table below sets out the historical maximum daily deposit balance placed by Xx Xxxx Power with CPI Financial for each of the two years ended 31 December 2008 and the ten months ended 31 October 2009.
The rental for the Transmission Lines and Switching Facilities is determined based on the investment and construction costs of Xx Xxxx Power.
The Project is located in Shaoyang County, Hunan Province of the PRC where is rich in photovoltaic resources, and Xx Xxxx Power, a subsidiary of the Company, has already signed an investment agreement with Shaoyang County government for development of the roof-top distributed photovoltaic power of the entire county.