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Origo and Ecofin launch China cleantech fund

By BFN News | 01:57 PM | Monday 19 September, 2011


Origo Partners and Ecofin have launched China Cleantech Partners - a $200m private equity fund which will invest in China's cleantech sectors. CCP aims to provide its limited partners with above market returns from investments in privately-held Chinese cleantech companies, with a specific focus on alternative energy, environmental remediation, water, and energy storage and distribution. CCP will invest either directly in target companies, or indirectly as a limited partner through the Origo Xinxiang Renewable Energy Fund. Origo and Ecofin Water & Power Opportunities, a UK investment trust managed by Ecofin, have each made an initial commitment of $15m to CCP. At 1:57pm: (LON:ECWO) share price was +0.38p at 117.63p (LON:OPP) share price was -0.12p at 36.13p Story provided by StockMarketWire.com