China's non-nuclear clean energy firm CNNP Rich Energy raises $1.1b

China's non-nuclear clean energy firm CNNP Rich Energy raises $1.1b

FILE PHOTO: Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo

CNNP Rich Energy, a subsidiary of state-run nuclear firm China National Nuclear Power, has raised around 789.6 million yuan ($1.1 billion) in capital from several existing shareholders and new investors.