NEW YORK, November 30, 2011 /PRNewswire-Asia-FirstCall/ -- In view of the unusual market activity in the American Depositary Shares of China Hydroelectric Corporation (NYSE: CHC, CHCWS) (the "Company") (each representing three shares of the Company's ordinary shares), the NYSE has contacted the company in accordance with its usual practice. The Company stated that its policy is not to comment on unusual market activity.
About China Hydroelectric Corporation
China Hydroelectric Corporation (NYSE: CHC, CHCWS) ("China Hydroelectric" or "the Company") is an owner and operator of small hydroelectric power projects in the People's Republic of China. Through its geographically diverse portfolio of operating assets, the Company generates and sells electric power to local power grids. Led by an international management team, the Company's primary business is to identify, evaluate, acquire, develop, construct and finance hydroelectric power projects. The Company currently owns 27 operating hydropower stations in China with total installed capacity of 563.8 MW, of which it acquired 23 operating stations and constructed four. These hydroelectric power projects are located in four provinces: Zhejiang, Fujian, Yunnan and Sichuan. Hydropower is an important factor in meeting China's electric power needs, accounting for approximately 22% of total nation-wide capacity.
For further information about China Hydroelectric Corporation, please visit the Company's website at http://www.chinahydroelectric.com.
For further information, please contact: | ||
Company: | Investor Relations firm: | |
John E. Donahue, VP of Investor Relations | Scott Powell, Senior Vice President | |
China Hydroelectric Corporation | MZ Group | |
Phone: +1-646-467-9810 | Phone: +1-212-301-7130 | |
