Hudson Clean Energy Plans China Fund

U.S. buyout shop Hudson Clean Energy Partners is planning to raise its first yuan-denominated fund to invest in China's expanding clean energy market, Reuters reported Friday. The firm manages a $1 billion clean tech fund in the U.S. The firm is setting up its China fund in partnership with the municipal government of Yangzhou, a city located in one of China's most affluent provinces, Reuters wrote. The firm did not disclose the projected target for the fund.

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