CLP Holdings Ltd. (0002.HK, CLPHY) said Friday that it agreed to buy a 17% stake in a 6,000-megawatt nuclear power plant in China's affluent southern Guangdong province, another step to increase its generation by nonfossil fuel.

CLP, a blue-chip power producer listed in Hong Kong, said in a statement that construction of the power plant, Yangjiang Nuclear Power Station, started in 2008 and should be commissioned in phases between 2013 and 2017.
The statement didn't disclose the purchase price of the stake.

CLP said the other stakeholders of the power station are China Guangdong Nuclear Power Co. and Guangdong Yudean Group Co.
Source：online.wsj.com