Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, June 7, 2012

Update on a China IPO

Nuclear power company moves closer to IPO

China Daily -
China National Nuclear Power Co is moving closer to its initial public offering after the government approved the company's environmental protection report, according to the website of the Ministry of Environmental Protection.

Green light for nuclear IPO

China Daily -
China National Nuclear Power Co won permission from environmental authorities to sell shares to finance 174 billion yuan ($27 billion) in projects in the nation's first initial public offering by a developer of atomic energy.

China nuclear company plans IPO to fund expansion

BusinessWeek -
China's main builder of nuclear power plants plans an initial public offering to help finance a $27 billion investment program. The official Xinhua News Agency said Wednesday that state-owned China National Nuclear Power Corp. will use the money to ...

Controversial China nuclear plant funding resumes

MarketWatch -
By Lu Bingyang and Wang Yong BEIJING ( Caixin Online ) — One of China's pioneering inland nuclear power projects has received another capital injection after the government put nuclear development on hold due to last year's disaster in Japan.

Will Facebook be Trumped by Giant China IPO?

Wall Street Journal (blog) -
Facebook Inc.'s $16 billion initial public offering could pale in comparison to this upcoming one from China. As Dow Jones Newswires reports Wednesday, China National Nuclear Power Co. is planning to raise money in a Shanghai IPO to fund five projects ...

Chinese firm seeks public listing

World Nuclear News -
China National Nuclear Power Company (CNNPC) - a major player in China's nuclear industry - is planning an initial public offering (IPO) of its shares on the Shanghai Stock Exchange. The listing would provide funds for investing in new nuclear power ...

China's Jiangxi Nuclear Plant Receives Funding Boost

International Business Times AU -
By Esther Tanquintic-Misa | June 7, 2012 9:45 PM EST On the very same day that China declared one of its nuclear power energy companies is mulling an initial public offering (IPO) to fund its projects, another company has announced receiving funding ...

China to stoke nuclear power

Financial News (subscription) -
China National Nuclear Power Co. said it is planning a Shanghai initial public offering that will go toward financing part of five power projects worth 173.5bn yuan ($27.2bn), in a multibillion-dollar deal that signals that the country's ramp-up of ...

Sun shines again on China's nuclear plants as IPO gets OK

Morning Whistle -
China National Nuclear Power Co. Ltd., a giant nuclear enterprise under the direct management of the central government,has received approval from the Ministry of Environmental Protection to sell shares to raise money to help fund projects worth 174 ...

The World Better Prepare For A Chinese Nuclear Boom

NASDAQ - ‎1
China has decided to go on full scale with its nuclear power programme in anticipation of a massive energy requirement from a growing and urbanizing population. On Tuesday, China National Nuclear Power Co. said it will conduct an initial public ...

China plans 27 billion IPO of China National Nuclear Power

Next Big Future -
The IPO will help to pay for a 173.5 billion yuan ($27 billion) program to build or expand five nuclear power plants, China National Nuclear Power Corp. said in a statement on the Environment Ministry website. China has ambitious plans to have more ...


China National Nuclear Power Co plans IPO

China Daily - ‎Jun 6, 2012‎
BEIJING - China National Nuclear Power Co Ltd, the nation's leading nuclear energy developer, is planning an A-share initial public offering (IPO) to fund the development of its nuclear power projects. The company did not specify the size of its IPO, ...

China nuclear power company plans Shanghai IPO

MarketWatch - ‎Jun 6, 2012‎
By Chris Oliver HONG KONG (MarketWatch) -- China National Nuclear Power Co. is planning a Shanghai listing, in an effort to raise funds for five nuclear power stations in what could rank as the world's biggest initial public offering this year, ...
 
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