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15.04.11 Clean energy fund set for launch in red-hot market for tech firms

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Friday, 15 April 2011 00:00

Private equity firm Nature Elements Capital - founded by Chan Ka-keung, a former renewable energy head of Hong Kong utility CLP Holdings - will today sign a deal in Chongqing to set up a 250 million yuan (HK$297 million) fund to invest in clean energy and technology.
Beijing-based Nature Elements has garnered support from the Chongqing government and the central government, which together will contribute the bulk of the fund, Chan told the South China Morning Post.

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