China Development Bank Financial Leasing to acquire photovoltaic power stations for RMB 1.498 billion – Prop News Time

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China Development Bank Financial Leasing Co Ltd has announced plans to acquire photovoltaic power stations for RMB 1.498 billion, according to a Reuters report. The announcement confirms the proposed acquisition value but does not specify the locations, number or installed capacity of the solar power stations. Details about the seller, transaction structure and expected completion timeline were also not provided in the report.
Representative image
China Development Bank Financial Leasing Co Ltd has announced plans to acquire photovoltaic power stations for RMB 1.498 billion, according to a company announcement reported by Reuters. 
The transaction involves photovoltaic power stations, which generate electricity using solar panels. However, the available announcement does not disclose the locations of the facilities, their installed capacity or the number of power stations involved in the acquisition. 
China Development Bank Financial Leasing, listed on the Hong Kong Stock Exchange under the stock code 1606, provides financial leasing services across several sectors, including aviation, shipping, equipment and green energy. Its green energy business includes financing and leasing arrangements involving photovoltaic and wind power infrastructure. 
The company has been expanding its presence in renewable energy leasing. Its 2025 environmental, social and governance report stated that its energy leasing segment had total assets of RMB 95.447 billion at the end of 2025, while its green energy power stations had a combined installed capacity of 20.3 GW. 
The latest announcement does not provide further details about the acquisition’s completion date or the arrangements for operating the photovoltaic power stations after the transaction. 
The proposed acquisition adds to China Development Bank Financial Leasing’s activity in the photovoltaic power sector, which forms part of its broader green energy leasing business. The transaction value is disclosed at RMB 1.498 billion, but details about the assets and their operating arrangements remain unavailable in the reported announcement. Information about the power stations’ locations, capacity and ownership structure will be important for understanding the scope of the acquisition and its contribution to the company’s renewable energy portfolio. 
Source Reuters
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