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Huaneng Renewables

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Huaneng Renewables is the clean energy unit of Huaneng Power and is based in China. The company was expected to conduct an IPO on December 10, 2010 but Huaneng pulled out citing recent stock market volatility.[1] The IPO was expected to raise $1.3 billion

Temasek Holdings has been listed in the company's prospectus as a cornerstone investor.[2] Temasek will purchase a $50 million stake.

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