LNC 0.00% 99.5¢ linc energy ltd

Actually they do produce power as well through a wholly owned...

  1. 1,944 Posts.
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    Actually they do produce power as well through a wholly owned subsidiary Poly Energy (GCLP). It's mostly in Gas, but also uses solar and bio-mass fuels from what I can see. They are also into purified water production.

    They also own Coal Mines.

    One wonders if the fuel produced would be covered under their Bio-mass fuels caveat.

    The stake LINC sold or technically at this stage 'in the process of selling' is to GCL Poly Energy (GCPL).

    http://www.cnbc.com/id/47056613/Linc_Energy_sells_stake_to_GCL_Poly_Energy_unit_shares_soar

    Their energy production supplied some of the most affluent area's in China.

    It appears GCL/GCLP is by no means a small time operator within China.

    GCLP was also awarded "The Credible Enterprise of China Accreditation (“CECA”) 2011-2013. It is the only
    enterprise which has been granted such honour in the energy sector.

    http://www.gcl-poly.com.hk/attachment/2012030516233417_en.pdf
 
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