It's a horse-cart story.
Asset ownership --> determines offtake recipients ---> Choice of EPC provider (China or non-China)
There is no such thing as partly Chinese owned, partly non-Chinese owned assets.
Winner takes all.
IMO, all road leads to Rome. That is 100% asset sale.
Unless someone can tell me why would the NDRC would settle for 50% of the asset (not knowing where the other 50% will go in 6 months).
Makes little sense even if they sign up for 50% initially and allow for the option to acquire the rest at a price (no less than the origianl sale).
Pointless really.
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