
Chinese data center operator raises $3.7b Series A

Tenglong Group, a data center operator based in Beijing, has raised a RMB26 billion ($3.7 billion) Series A round led by Morgan Stanley Private Equity Asia and state-owned China Nanshan Development Group.
Additional investors include Kaiyuan Capital, a real estate-focused private equity firm, Hong Kong-listed Haitong Unitrust International leasing, and Huaneng Invesco WLR Investment Consulting, a joint...
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