Huaneng Power International, Inc. (ADR) (NYSE:HNP)
CAPS Rating:
The Company develops, constructs, owns, operates and manages large thermal power plants.
The Company develops, constructs, owns, operates and manages large thermal power plants.
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Economic expansion and an aggressive acquisition strategy have fueled rapid growth at Huaneng Power International, China's largest independent electricity producer. Despite the global recession, the country's electricity usage continues growing at double-digit rates. HNP will outpace China's long-term economic growth.