The deal marks the sale of Trina Solar's first large-scale project in China.
"This transaction represents a significant milestone for Trina Solar, as it showcases our ability to develop large-scale downstream projects with a complete project cycle from designing, construction, operation to the final sale,' said Mr. Jifan Gao, chairman and CEO of Trina Solar. "Huadian Fuxin is one of China's leading clean energy companies, and we are pleased to have this opportunity to work with such a strategic partner."
Huadian Fuxin, a leading diversified energy company, will assume 100 percent ownership of the project from Trina Solar with the completion of the transaction.
http://www.renewableenergyfocus.com/view/36988/trina-solar-announces-acquisition-of-majority-stake-in-hubei-hongyuan/