A consortium of investors led a $2.36bn investment in Huadian Fuxin Energy, a Chinese electric utility company. Investors include China Life Insurance Group, China Reform Holdings, China Southern Power Grid Company and National Green Development Fund. Fuxin Energy is an operator of clean and new energy solutions with focus on the areas of wind power, photovoltaic power, nuclear power, hydroelectricity, and renewables. The development follows CHD’s completion of the privatisation of Fuxin Energy from the Hong Kong stock exchange last year.