Asia
GEPIC Energy Development to Invest 13 Billion Yuan in Renewable Energy Projects
GEPIC Energy Development (SHE:000791) subsidiary Runeng will invest 12.9 billion yuan in two renewable energy projects.Runeng will invest 9.03 billion yuan in the 3-gigawatt Liangzhou Jiudun Tan photovoltaic project and 3.89 billion yuan in the 1-gigawatt Minqin Nanhu wind power project, according to a Tuesday filing with the Shenzhen bourseShares of the power generation company closed 10% higher Tuesday.
SHE:000791