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Article: GreenHunter Energy Announces Sale of Equity Ownership Interest in Chinese Wind Turbine Manufacturer for $9.1 Million.
- Article from:
- Business Wire
- Article date:
- October 28, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GRAPEVINE, Texas -- GreenHunter Energy, Inc. (NYSE Amex: GRH), announced today the execution and closing of a Share Purchase Agreement for the sale of GreenHunter's equity ownership interest in Guangdong MingYang Wind Power Technology Co., Ltd. ("MingYang"), a manufacturer of industrial scale wind turbines located in the People's Republic of China. GreenHunter acquired a minority equity ownership interest in MingYang in late 2007.
Pursuant to the terms of the Share Purchase Agreement, GreenHunter Energy, Inc. has transferred 100% of its ownership interest in Guangdong MingYang Wind Power Technology Co., Ltd. to DT Capital China Growth Fund L.P. for a cash payment ...
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Article: GreenHunter Energy Subsidiary Announces Acquisition ...
PR Newswire;
July 15, 2008 ;
700+ words
... ... a wholly-owned subsidiary of GreenHunter Energy, Inc. , announced today the acquisition ... Fund, a significant shareholder of GreenHunter Energy, will own 35% of the project ... line in the area which could enhance GreenHunter Energy's ability to sell power to the ...
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