Huadian Power International (HKG:1071, SHA:600027) submitted application materials to China's securities regulator and the Shanghai bourse to spin off and list an energy project through an infrastructure real estate investment trust, a Monday filing with the Hong Kong bourse said.
A natural gas heat and power cogeneration project owned by Hangzhou Huadian Jiangdong Thermal is the underlying infrastructure project for the issue and listing of the infrastructure REIT.
The electricity supplier first announced its intention to spin off and list the project on the Shanghai bourse nearly three years ago.