Cathay Capital raises $120m for China smart energy fund
Cathay Capital Private Equity has raised RMB820 million ($120 million) for its debut China smart energy fund, securing commitments from ALIAD, the venture capital arm of French industrial gases producer Air Liquide Group, among other investors.
The vehicle launched in March 2018 with a target of RMB1.5 billion. Total Carbon Neutrality Ventures, the VC unit of energy giant Total, and Hubei High Technology Investment Guiding Fund Management, a...
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