Everbright Int’l launches biomass unit IPO

China Everbright Greentech is first out of the gate after the Easter break with a discounted deal that aims to benefit from favourable regulation and sectoral share price gains.
Wood logs are one of the raw materials in biomass energy production.
Wood logs are one of the raw materials in biomass energy production.

China Everbright International opened the institutional order books on Tuesday for an initial public offering worth up to HK$3.3 billion ($425 million) for its biomass and hazardous waste treatment business.

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