CGN's $2.3b acquisition of 1MDB energy assets part of its aggressive global growth strategy

CGN's $2.3b acquisition of 1MDB energy assets part of its aggressive global growth strategy

Visual of CGN Group homepage. November 2015

In the largest transaction in the energy space in Asia, China General Nuclear Power’s (CGN Group) acquisition of Edra power assets, housed under scandal-hit Malaysian state fund 1MDB, for $2.3 billion is part of its strategy to look beyond China and become a strategic global player.

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