"The capital raised provides dry powder for renewable energy investments across wind, solar, energy storage infrastructure and related energy management solutions, and the fund will target both greenfield projects and acquisitions in these sectors," the asset manager said.
GLP Capital, which manages assets worth $125 billion across 54 funds as of March 31, has secured commitments of 4 billion yuan from the National Green Development Fund of China and funds affiliated with CHN Energy Investment Group.Our Standards:
Source: News Formal (newsformal.com)
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