BEIJING, Dec. 26, 2000 (PRNewswire) — Huaneng Power International, Inc. (NYSE: HNP; SEHK: 902) today signed an agreement with the Bank of China to provide RMB 6.95 billion Yuan in credit to be granted by the Bank of China to the company.

The credit facility will provide strong financial support to the company for its future development. At the same time, Huaneng International Power Development Corporation, the parent company of the Huaneng Power International, Inc. was also granted RMB 3.05 billion Yuan credit facility by the Bank of China.

Huaneng Power International, Inc., the largest independent power producer in China, develops, constructs, operates and owns large thermal power plants throughout China.

SOURCE: Huaneng Power International, Inc.