Press Releases

Origo Partners to launch US$150-mln clean tech fund in China

 

Origo Partners PLC, a private equity investment and consulting practice focused on core economic growth opportunities linked to China, on Friday said that it plans to launch its first RMB-denominated fund in China and that it has signed agreements with a major investor, the government of Xinxiang, Henan Province, sources reported.

Chris Rynning, CEO of Origo Partners, said that the Xinxiang government will invest US$18 million in the fund, which aims to raise as much as US$150 million.

The fund is expected to target enterprises in clean-technology fields such as renewable energy, electric automobiles, waste recycling, energy storage and distribution and sustainable agriculture.

The London-listed firm provides consulting services relating to asset management, listings, mergers and acquisitions, fundraising and strategic alliances, as well as taking active equity positions in companies while providing fee-based services such as strategic planning, infrastructure support and interim management, according to its website.