Hudson plans largest RMB clean energy fund
Renewable energy-focused buyout firm Hudson Clean Energy Partners is targeting China in a big way, announcing that it will raise the largest renminbi-denominated fund dedicated to green energy. The New Jersey-based firm did not disclose its targeted corpus, but in order to take Green Capital Group’s spot at the top of the cleantech fund rankings, its size must exceed RMB5 billion ($782.7 million).
Hudson, which is raising the fund in partnership with the Yangzhou municipal government, hopes to begin investing this year. It will target companies in the wind and solar energy, biofuel, biomass, and...
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