China Goldwind ready for $1.5 billion IPO
Chinese wind power producer Xinjiang Goldwind Science & Technology Co has chosen China International Capital Corp (CICC).
HONG KONG (Reuters) – China International Capital Corp (CICC) chosen as lead underwriter for a Hong Kong initial public share offering aimed at raising $1.5 billion in the first half of 2010, sources close to the plan said on Tuesday.
The strong post-IPO performance of China Longyuan Power Group Corp (0916.HK), the world’s fifth-largest wind power generator, could herald a wave of public offerings from Asia’s renewable energy sector.
Source: Reuters