China's Zhongzhi invests $80m in renewable energy producer
ZZ Capital, an alternative assets manager and private equity firm backed by China’s Zhongzhi Enterprise Group, has committed EUR70 million ($80 million) to Italy-based renewable energy producer Building Energy.
The investment was led by ZZ Capital’s Hong Kong-listed subsidiary, ZZ Capital International (ZZCI). Existing investors Synergo and Three Hills Capital Partners – PE firms based in Italy and Luxembourg...
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