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China based company acquires renewable energy firm in Pakistan

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China-based M/s. CNNP Rich Energy Co. Ltd. strategically invests in Pakistan’s renewable energy sector through its wholly-owned subsidiary, M/s. CRE International Co., Limited.

The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s. Super Success Investments Limited (SSIL) by M/s. CRE International Co., Ltd. CRE is the wholly owned subsidiary of CNNP Rich Energy Co. Limited, located in Hong Kong. M/s. Super Success Investments Limited (SSIL) is based in Mauritius, according to a press release issued here on Sunday.

SSIL owns a 100 percent shareholding in M/s. UEP Wind Power (Private) Limited.—APP

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