Zhejiang Energy applies for CNY 1.4 billion IPO to fund offshore wind construction work

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Zhejiang Energy plans to raise CNY 1.4 billion to construct the Jiaxing 1# offshore wind project.

Jiaxing 1# is located in Hangzhou Bay, about 20km off the coast. The project was approved in August 2017 for a capacity of 300MW and has begun construction in December 2018. (CSRC)