Cathay Capital launches $239m fund targeting China's energy sector

Visual from New Energy Solar's website

Private equity platform Cathay Capital Private Equity has launched a $239-million (RMB1.5 billion) fund to focus on investments in  emerging technologies and new business models in the Chinese energy sector.

The cross-border investor Cathay Capital has partnered energy company Total’s venture capital arm Total Energy Ventures and Chinese state government-backed Hubei High Technology Investment Guiding Fund Management Co Ltd, for the fund.

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