China Three Gorges plans IPO of renewable unit


The Three Gorges Dam, on of the largest hydro-electric power station in the world.

BEIJING: State-owned China Three Gorges Renewables Group Co is seeking to raise 25 billion yuan (US$3.5bil) in one of the country’s biggest initial public offerings this year.

It plans to sell 8.57 billion shares in Shanghai, according to a prospectus posted on the website of the China Securities Regulatory Commission.

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China , Three Gorges , IPO , wind farms , solar , power ,

   

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