Chinese, Austrian Cos. Form Ukrainian Solar Venture

Law360, New York (February 23, 2012, 1:53 PM EST) -- China Guangdong Nuclear Power Holding Corp. has partnered with a state-owned Chinese manufacturer and an Austrian energy company on a solar power project in Ukraine, Guangdong Nuclear said Thursday.

The Beijing-based power company said in a statement that it had partnered with China National Building Materials Group Corp. and Austria's Activ Solar GmbH to form a joint venture for the project.

The joint venture partners signed an initial framework agreement Feb. 15, Guangdong Nuclear said.

Financial details of the agreement were not available. Guangdong, China National...
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