“China National Nuclear Power Co. plans to raise up to 16.25 billion yuan ($2.6 billion) in an initial public offering to fund nuclear-power projects, as Beijing pushes nuclear energy and renewables to combat greenhouse-gas emissions and pollution. The state-owned company, one of the country’s biggest nuclear-power operators by capacity, proposed to sell up to 3.65 billion new shares, or 25% of its enlarged capital, ahead of a listing on the Shanghai Stock Exchange, according to a draft of its IPO plan released Sunday on the China Securities Regulatory Commission website. The proceeds from the IPO will help finance four nuclear-power projects in Fujian, Zhejiang, Hainan and Jiangsu provinces.”
http://online.wsj.com/news/articles/SB10001424052702303417104579542661246563596
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