Huadian Fuxin IPO

Huadian Fuxin aims to raise $309 million from IPO

The renewable energy producer embarks on the institutional bookbuilding after securing cornerstone demand for up to two-thirds of the deal. Sources say anchors have agreed to take up the rest.

<div style="text-align: left;"> Hydro and wind power are the main sources of Huadian Fuxin's power </div>

Anette Jönsson

June 12, 2012

Huadian Fuxin Energy, the renewable energy arm of the China Huadian group, yesterday started the institutional bookbuilding for its Hong Kong initial public offering despite lingering uncertainty about Europe and the level of economic growth in China.

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