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China's ENN Natural Gas seeks to privatise ENN Energy at $11.6b valuation

China's ENN Natural Gas seeks to privatise ENN Energy at $11.6b valuation

FILE PHOTO: Chinese gas importer and distributor ENN Energy's logo is seen at Gastech 2023 in Singapore September 7, 2023. REUTERS/Florence Tan/File Photo

China’s ENN Natural Gas, the controlling shareholder of ENN Energy, is looking to buy the rest of the clean energy company, valuing it at HK$90.50 billion ($11.64 billion), the companies said on Wednesday.

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