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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Investment, Market

Huaneng Renewables secures $415 mln from CIC, Temasek for IPO

Posted on 26 May 2011

Huaneng Renewables Corp Ltd has secured $415 million from 13 cornerstone investors for its planned initial public offering in Hong Kong, Thomson Reuters publication IFR reported on Thursday.
Investors in the IPO, which could raise nearly $950 million, included Chinese sovereign wealth fund China Investment Corp and Singapore’s Temasek Holdings , as well as GE Capital, IFR said……………………………………….Full Article: Source

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