Paul Hastings Advises China Everbright on US$162 Million Top-Up Placement
Hong Kong (August 31, 2012) - Paul Hastings, a leading global law firm, announced today that it advised China Everbright International Limited (China Everbright), a Hong Kong-listed company focusing on environmental protection and alternative energy businesses in China, and its controlling shareholder Guildford Limited, on China Everbrights US$162 million top-up placement. J.P. Morgan was the sole placing agent. China Everbright plans to use the net proceeds for the development of its environmental protection business and for general working capital.
China Everbright is involved in a range of energy businesses in China including waste-to-energy, methane-to-energy, straw cogeneration, biomass power generation and renewable energy.
The Paul Hastings team was led by
Paul Hastings is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.