CEA enters BOO for Jingyuan II
Community Energy Alternatives Inc. (CEA) has entered a joint-venture contract to build, own and operate (BOO) the Jingyuan Phase II power plant, a 600-MW coal-fired plant in Gansu. The venture involves CEA, China`s State Development and Investment Corp., Gansu Electric Power Construction Investment and Development Corp., and Gansu Electric Power Corp.
CEA also recently created Meiya Power Company Ltd. (MPC) to bring together the generation experience of CEA and the financial strength and regional knowledge of the Asian Infrastructure Fund. MPC will pursue and invest in energy and power projects in China.