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 of Hubei Province (), in the middle of Xiling Gorge. On May 20, 2006, the reservoir dam was completed, and the water level quickly reached the initial level of above the downstream river. The project was completed by the end of 2008, with a ship lift completed in 2015. The dam and Three Gorges Reservoir has had a massive impact on the region's ecology and people, involving the mass relocation of towns and villages. The higher water level has changed the scenery of the Three Gorges so that the river is wider and the mountains appear lower. However, the mountains