伴随可再生能源市场的回暖，中国新能源企业再次掀起香港上市热潮。
近日,总部位于河北省的新天绿色能源在香港上市,共筹得资金3.7亿美元。新天绿色能源主要经营风电和天然气业务。此次香港的成功上市，使新天绿色能源成为一个月内第四家在香港上市的绿色能源公司。
之前，明阳风电，创益太阳能和新疆金风科技分别成功的在香港融资了3.5亿元, 2.2亿元和9.2亿元。
新天绿色能源此次香港上市的承销商是麦格理資本证券股份有限公司和摩根士丹利亚洲有限公司。他们的法律顾问分别是高伟绅律师事务所和国浩律师集团(北京).
创益太阳能的法律顾问是盛信美国律师事务所, 奥睿律师事务所,Walkers律师事务所,和竞天公诚律师事务所。而承销商的法律顾问则由瑞生国际律师事务所和通商律师事务所担任。
The rapidly growing renewable energy market is moving into overdrive as China Suntien Green Energy becomes the fourth Chinese clean-energy company to list on the Hong Kong Stock Exchange in a little over two weeks.
China Suntien, which operates both wind power and natural gas distribution businesses in China, is the clean energy arm of Hebei Construction Group, the state-owned investment arm of the Hebei provincial government. Its US$370m listing follows that of China Ming Yang Wind Power Group (US$350m, 1 Oct 2010), Trony Solar (US$223m, 7 Oct 2010) and China’s second largest wind turbine maker, Xinjiang Goldwind Science and Technology (US$917m, 2 Oct 2010) on the Hong Kong market.
China Suntien was advised by Latham & Watkins with additional input from PRC firm Jia Yuan. The underwriters – Macquarie Bank and Morgan Stanley – were advised by Clifford Chance and local advice was provided by Grandall.
Trony Solar’s debut on the HKSE, meanwhile, was advised by Simpson Thacher, Orrick, Walkers and Jingtian & Goncheng as issuer’s counsels; and Latham & Watkins and Commerce & Finance advised the underwriters.
China Datang Corp, the country’s second largest power producer also has plans to float shares of its renewable energy unit in a Hong Kong IPO – some sources say as early as December 2010. And top power producer China Huaneng’s renewable energy unit, Huaneng New Energy Industrial, plans to raise US$1bn to US$1.5bn in a Hong Kong initial public offer in October.
China has been reported to be the world’s largest market for wind power, after it more than doubled its wind generation capacity last year.
Fears of overcapacity had prompted the Chinese government to order an unofficial freeze on some initial public share offerings in the renewable energy sector in June this year, holding approval for certain IPOs. IPO affected by the freeze earlier this year included wind equipment manufacturers and polysilicon suppliers.ALB
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