- Language: English
- 108 Pages
- Published: January 2012
- Region: China
ENN Energy Holdings Ltd. Jun 11
- Published: June 2011
- Standard & Poors
Evolving regulatory environment High, albeit gradually declining, reliance on income from connection fees Strong demand and growth potential for piped natural gas in China Captive market for currently owned projects Access to various gas sources to meet demand The rating on ENN Energy Holdings Ltd. reflects the strong demand and growth potential for piped natural gas in China, the captive market for secured projects, and ENN's access to various gas sources to meet future demand. These strengths are partly offset by the company's vulnerability to regulatory risks in China and its high--albeit gradually declining--reliance on income from connection fees. In our view, ENN's strategic focus on organic growth and its prudent approach toward acquisitions will continue to support its steady...
Companies mentioned in this report are: ENN Energy Holdings Ltd.,Towngas China Co. Ltd.,Hong Kong and China Gas Co. Ltd. (The)
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ENN Energy Holdings Ltd.,Towngas China Co. Ltd.,Hong Kong and China Gas Co. Ltd. (The)
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