Issue 194: Concord New Energy’s Reit speculation; Year-end goal for Indonesia-Singapore clean-electricity trade
This week in ESG: Renewable energy player still evaluating possibility of spin-off; country’s leaders mull kick-off for green electricity trade
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Sustainable investing
Concord New Energy Reit? Not so fast
Renewables power developer Concord New Energy Group (CNE) hasn’t shut down speculation about selling a real estate investment trust (Reit), but this may not be the best time for the company to be spinning off assets.
In fact, a friendly window of opportunity may not appear in the near future.
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