China Three Gorges in talks with China Life Insurance, PE firms to raise $1.5b

China Three Gorges in talks with China Life Insurance, PE firms to raise $1.5b

Photo: REUTERS/JASON LEE

China Three Gorges New Energy, a unit of the country’s top hydropower developer, plans to raise about 10 billion yuan ($1.5 billion) from new investors to develop its wind power business, sources with knowledge of the matter said.

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