Rank
368
State Power Investment
People visit the stand of State Power Investment Corp (SPIC) during an exhibition in Beijing, China, 6 April 2016.
State Power Investment Corp (SPIC), one of the top five power generators in China, is in exclusive talks with Latin America Power to acquire the latter's Chilean asset for $325-$400 million, Reuters reports. Latin America Power has more than 300 megawatts of wind power and hydropower assets in Chile and Peru, among which over 250 megawatts is located in Chile, including two large wind farms near Chile's capital Santiago.Wu changqing—Imaginechina/AP
- Previous Rank342
- Revenues ($M)29493
- Revenue Percent Change-3.7
- Profits ($M)436.6
- Profits Percent Change50.9
- Assets ($M)126068
- Employees127343
Company Information
CEO | Wang Binghua |
Sector | Energy |
Industry | Energy |
HQ Location | Beijing, China |
Website | www.spic.com.cn |
Years on Global 500 List | 6 |
Employees | 127,343 |
Key Financials (Last Fiscal Year)
Revenues ($M) | $29,493 |
Profits ($M) | $436.6 |
Assets ($M) | $126,068 |
Total Stockholder Equity ($M) | $8,477 |
Profit Ratios
Profit as % of Revenues | 1.5% |
Profits as % of Assets | 0.3% |
Profits as % of Stockholder Equity | 5.2% |