YOUNG’S CHINA BUSINESS BLOG: New Private Equity Giant Eyes Solar Buys

Jay Owen Green Prosperity, SRI/ESG News

YOUNG’S CHINA BUSINESS BLOG

                                               DAILY NEWSLETTER

                                                   May 20, 2014

New Private Equity Giant Eyes Solar Buys  

Following reports last month of the imminent formation of a major new private equity investor, media are now saying the company, China Minsheng Investment, has formally registered and is gearing up to make its first investments. The new company certainly has the resources and connections to quickly become a major player on both the domestic and global private equity scenes, with an initial 50 billion ($8 billion) in registered capital. Now it appears the company will start by helping to consolidate China’s embattled solar panel-making sector, which will become its first focus area.

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