China Three Gorges Corporation with 3,050 MW under construction or development. As of the end of 2013, CTG had business in 37 countries and regions, with 84 ongoing international construction and investment projects. In December 2011, China Three Gorges Corporation acquired a 21.35% Portuguese government's stake in "Energias de Portugal" for €2.69 billion. In December 2011 China Three Gorges Corporation paid HK$2.1 billion (US$270 million) for a 29% stake in China Power New Energy Development. China Three Gorges Corporation The China Three Gorges Corporation (CTG, ) is a Chinese state-owned power company, established on 27 September 1993. The company was responsible for construction of
Three Gorges in the valleys for quite a while, because of that, local fishers think the Wu Gorge is the longest of the Three Gorges in the east of Sichuan province. The Three Gorges have renowned scenic spots, such as the Kuimen (夔门), located at the western entrance to the Three Gorges. The cliffs on both sides appear to have been cut by knives or axes. Among the Wu Mountains that are located at the northern and southern beaches of the Wu Gorge, one of the twelve peaks is known as Fairy Peak. According to folk tradition, it symbolizes a fairy who