Finance

Sinovel plans $500m IPO in Shanghai - reports Erection of Sinovel's first 3MW offshore turbine. A 5MW machine is expected in the next 12 months.

Sinovel plans $500m IPO in Shanghai - reports

Chinese wind turbine giant Sinovel Wind Group plans to raise $500m on the Shanghai Stock Exchange through an initial public offering (IPO). It will be the third of the big three Chinese wind energy groups to go for a listing.

Paul Berrill

Published: Thursday, March 4 2010 | Last updated: Monday, March 29 2010

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