The transaction resulted in $11.3 million net proceeds to China Hydroelectric after the assumption of debt by You Lang Fei, the eventual buyer.
China Hydroelectric had previously announced the sale of the Yuanping hydroelectric power project on December 6, 2011. The sale of 16MW of operating capacity decreases the company's total installed capacity to 547.8MW.
China Hydroelectric divests 16MW Yuanping power project
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