Announced
Financials
Sources
Tags
IT Services: Other
Private Equity
China
Acquisition
Single Bidder
Private
Friendly
it services
Minority
Pending
Venture Capital
Synopsis
Joy Capital-led consortium to invest $110m in Neng Lian Technology, a Shanghai-based startup focused on reducing carbon emissions. NIO Capital and Korea Investment Partners also participate in a C round of financing. In a statement, NIO Capital managing partner Zhu Yan said the new energy supply chain built by Neng Lian is accelerating the reformation of the country’s energy industry.
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