Announced
Completed
CITIC Securities and Costone led the $137m Series A round in Jiangsu Guoqiang Singsun Energy Technology.
Financials
Sources
Tags
Domestic
Private Equity
Acquisition
Friendly
solar plants
Energy / Utility Services
China
Private
Minority
Completed
Single Bidder
Venture Capital
Synopsis
CITIC Securities, a Chinese full-service investment bank, and Costone, an investment firm, led the $137m Series A round in Jiangsu Guoqiang Singsun Energy Technology, a Chinese developer of advanced tracking technology for intelligent solar plant applications, with participation from CMB International and Zhongtai Ventures.
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