The next chapter for China Three Gorges

08 June 2020 - 12:00 am UTC

Global renewables titan China Three Gorges has finally announced a USD 3.5bn IPO in Shanghai, after years in planning. What does the move mean for its international M&A ambitions, asks Celine Ge

 

The world’s largest hydropower producer China Three Gorges wants to complete an IPO of its renewable unit and is considering the sale of a minority stake to diversify ownership and funding away from pure bank loans.

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