Asia Pacific > Tianjin Climate Exchange seeks capital expansion to balance losses

Tianjin Climate Exchange seeks capital expansion to balance losses

Published 10:45 on November 24, 2017  /  Last updated at 19:00 on November 24, 2017  / /  Asia Pacific, China

The Tianjin Climate Exchange, which hosts one of China’s pilot emissions trading schemes, is increasing its shares by 43.82% in the hope of attracting $11.8 million from a new investor to expand its registered capital and inject cash into its loss-making business, according to a tender published Friday.
The Tianjin Climate Exchange, which hosts one of China’s pilot emissions trading schemes, is increasing its shares by 43.82% in the hope of attracting $11.8 million from a new investor to expand its registered capital and inject cash into its loss-making business, according to a tender published Friday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.