#Hong Kong


L.R. Capital to invest $80M in TBEA subsidiary

China, Hong Kong: A global investment manager L.R. Capital is investing $80 million (RMB 500 million) in the pre-IPO financing of Xinte Energy, a subsidiary of Tebian Electric Apparatus Stock Company Limited (TBEA).

VPower installs first 33 kV/230 kV power transformer in Myanmar

China, Hong Kong: VPower, a Hong Kong-based short to medium term power generation company, has launched a gas-fired interim power plant in Rakhine State, Myanmar, which is the first gas-fired power plant that connects directly to the country’s 230 kV grid.