Towngas China raises $360m from PE firm Affinity in smart energy push

Towngas China raises $360m from PE firm Affinity in smart energy push

Source: Stefan Wagener/Unsplash

Towngas China Company Ltd said on Monday that private equity firm Affinity Equity Partners will invest HK$2.8 billion ($360 million) in the company to help finance its evolution into an integrated clean energy provider.