Huaneng Renewables secures $415 mln from CIC, Temasek for IPO - IFR

Thu May 26, 2011 3:12am GMT
 

HONG KONG May 26 (Reuters) - Huaneng Renewables Corp Ltd has secured $415 million from 13 cornerstone investors for its planned initial public offering in Hong Kong, Thomson Reuters publication IFR reported on Thursday.

Investors in the IPO, which could raise nearly $950 million, included Chinese sovereign wealth fund China Investment Corp and Singapore's Temasek Holdings , as well as GE Capital, IFR said.

Huanneg will trade under the listing code 0958 . (Reporting by Elzio Barreto; Editing by Chris Lewis)

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