Description:
China’s largest state-owned energy company has been looking abroad for new business. In 2013, it acquired SP AusNet, a power company in Australia formerly owned by
Singapore Power International. The company also bought 60% of SPI (Australia) Assets Pty Ltd, another Australian power company. This year, State Grid has also won a
bid for a project in Brazil.
Key Financials:
Revenues 333,386.5011.7%
Profits 7,982.80-35.2%
Assets 424,531.50
fortune.com
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