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PN Smart Energy completes buyout of remaining 56% stake in Nanjing Cesun for US$20.2 million

PUBT·07/30/2026 12:30:48
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PN Smart Energy completes buyout of remaining 56% stake in Nanjing Cesun for US$20.2 million
  • PN Smart Energy completed the purchase of the remaining 56% stake in Nanjing Cesun Power, taking full ownership.
  • The deal closed on June 30, 2026, for total consideration of about USD 20.2 million.
  • Nanjing Cesun develops power electronics for new energy projects, with operations spanning PV project investment, EPC, and O&M.
  • The acquisition expands PN Smart’s capabilities across PV development and operations as it shifts toward an independent power producer model.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PN Smart Energy Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607300830PRIMZONEFULLFEED9800888) on July 30, 2026, and is solely responsible for the information contained therein.