Investors eye on China's environmental sector
July 03, 2008 | BY
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Aureos China Fund (Aureos) has made a private equity investment into Qingdao Land of State Power Environment Engineering (QGLD), a wind energy and environmental protection company in China.
Aureos is a private equity fund management company and a subsidiary of Mauritius-based Aureos Capital, which specializes in investing in PRC-based enterprises.
"There is no doubt China is continuing to move environmental issues up the agenda. Aureos' investment into QGLD is aligned with China's macro environmental policy, and we certainly believe this will help accelerate the country's green performance," said Rocky Lee, partner in the Hong Kong and Beijing office of DLA Piper and head of the firm's Asia venture and private equity practice.
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