Decent climate for Datang Environment IPO

China Datang Group is testing investor appetite for its environmental protection and energy conservation business with an aim to list the unit by month-end.

State-owned power generation enterprise China Datang Group could not have started premarketing the initial public offering of Datang Environment Industry, its environmental protection and energy conservation business, at a better time.

Since November 30, leaders of major economies and environmental specialists have gathered in Paris for the United Nations Conference on Climate Change in an attempt to finalize an agreement to limit greenhouse gas emissions.

The topic coincidentally matches with Datang Environment’s main business of desulfurization and denitrification processes that allow coal-fired power generators to reduce emissions of sulfur dioxide and nitrate gases.

China is the biggest energy-consuming nation in the world. It...

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