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Prospect News home > News index > List of issuers R > Headlines for Risen Energy Co., Ltd. > News item
Published on 4/6/2015 in the Prospect News Green Finance Daily.

Risen Energy sells RMB 2.5 billion of stock to fund solar projects

By Lisa Kerner

Charlotte, N.C., April 6 – Risen Energy Co., Ltd. privately placed 293 million shares of nonpublic stock at a target price of RMB 8.53 per share for a total of RMB 2.5 billion.

Proceeds will be used to invest in centralized grid-connected solar projects in China and Mexico, according to a company news release.

Risen Energy is a solar project developer based in Zhejiang, China.


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