China Datang Corporation Renewable Power will seek to raise US$ 1.4 billion via an initial public offering (IPO) to fund a planned doubling of capacity over the next two years, according to the South China Morning Post.
CDCRP is one of several major power companies, including Huaneng Renewable and EuroSibEnergo of Siberia, that will seek to raise a total of around US$ 4 billion in Hong Kong by the end of the year.
CDCRP is one of several major power companies, including Huaneng Renewable and EuroSibEnergo of Siberia, that will seek to raise a total of around US$ 4 billion in Hong Kong by the end of the year.