| French utility GDF Suez says its new alliance with China’s sovereign wealth fund should expand its access to potential Chinese business partners and investors. The chairman and CEO of GDF Suez, Gerard Mestrallet, said Monday the Chinese Investment Corp. already has helped to set up a financing arrangement with a major state-owned Chinese bank.
Mestrallet was in Beijing to sign the final agreement on a 3.3 billion euro ($4 billion) investment by CIC in the French company’s gas exploration unit and a gas facility in the Caribbean...............................................Full Article: Source
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