Announced
Completed
Financials
Sources
Tags
Single Bidder
Renewable Energy Equipment
Completed
Acquisition
Friendly
China
Minority
Private Equity
geothermal heating
Cross Border
Private
Synopsis
GIC completed a $200m investment in Sinopec Green Energy Geothermal Development, a geothermal heating company. Sinopec Green Energy Geothermal Development is considering an initial public offering in mainland China or Hong Kong as soon as next year. It is currently valued at around $1bn.
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