GSR invests $236m in China environmental technology player
GSR Capital, a Chinese private equity firm with a strong interest in clean energy technology, has agreed to invest RMB1.5 billion ($236 million) in overleveraged domestic environmental project developer Shenwu Technology Group.
Shenwu Energy Saving (SES) and Shenwu Environmental Technology (SET), both of which are Shenzhen-listed units of Shenwu Technology Group, said in separate filings that GSR would subscribe to RMB350 million...
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