Suzhou Maxwell Technologies (300751.SZ) subsidiary plans to invest $10 million in overseas funds for the construction of renewable energy infrastructure.
Maiwei Corporation (300751.SZ) announced that its wholly-owned subsidiary, Singapore Maiwei, has signed a subscription agreement with Sparkedge Energy Management Ltd. Singapore Maiwei, as a limited partner, will subscribe to Sparkedge Development Fund One L.P. with its own capital of 10 million US dollars. The partnership will focus on investing in renewable energy infrastructure construction, with investment covering the development and construction phases. Its strategic goal is to achieve capital return through asset appreciation after project completion.
Suzhou Maxwell Technologies (300751.SZ) announced that its wholly-owned subsidiary, Singapore Maxwell (referred to as "Singapore MW"), has signed a subscription agreement with Sparkedge Energy Management Ltd. Singapore MW, as a limited partner, will contribute $10 million USD in capital to subscribe to shares of Sparkedge Development Fund One L.P. The investment focus of this partnership entity will be on the construction of renewable energy infrastructure, with the investment cycle covering the development and construction phases. The strategic goal is to achieve capital return through asset appreciation after the completion of projects.
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