Germany's DEG injects $25m in HK-listed China Water Affairs Group

Germany's DEG injects $25m in HK-listed China Water Affairs Group

Photo by Steve Johnson on Unsplash

DEG, a unit of German state development bank KfW, has injected $25 million into Hong Kong-listed water supply and wastewater treatment firm China Water Affairs Group as a cornerstone investor in the firm’s first green bond.