PCG Power Plans Hong Kong IPO at $3 Billion Valuation
PCG Power plans a Hong Kong IPO filing for August. The firm targets a $3 billion valuation to fund expansion in solar, storage, and overseas power markets.
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PCG Power is planning an IPO in Hong Kong targeting a valuation of $2.5 billion to $3 billion. The clean energy firm could file its listing application as early as August, people familiar with the matter said. Proceeds will fund expansion in solar and energy storage across China and international markets.
