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CDB Financial Leasing Buys to Lease Wind Power Station Equipment

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China Development Bank Financial Leasing (HKG:1606), as the lessor, entered into a leasing agreement related to certain wind power station equipment and ancillary facility assets, according to a Tuesday Hong Kong bourse filing.

Shares of the financial leasing company were down over 1% in Wednesday afternoon trading.

The firm will acquire the assets from Zhejiang Windey Energy Construction for 1.47 billion yuan, following which it will lease them to Anda Tianying New Energy.

The lease will have a period of 216 months with a total lease payment of 2.05 billion yuan.

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