SUBSCRIBERS
C&G to sell waste-to-energy business in China for 1.85b yuan
Add BT as a preferred sourcePublished Tue, Dec 24, 2013 · 10:00 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
C&G Environmental Protection Holdings will be selling its waste-to-energy (WTE) business, assets and principal operating subsidiaries in China to Shanghai-listed Grandblue Environment for 1.85 billion yuan (S$383 million), as it focuses on expanding its businesses in South-east Asia.
Grandblue, a listed utility and environmental player in China, engages in tap water supply, sewage treatment, solid waste treatment and disposal, gas services and waste incineration power generation businesses.
Copyright SPH Media. All rights reserved.
