IFC and AMC Support the Expansion of China Tian Lun Gas with a US$150 Million Investment (Asia)

Source: International Finance Corporation

International Finance Corporation (IFC), a member of the World Bank Group, and IFC Asset Management Company (AMC), a wholly-owned subsidiary of IFC, have each invested US$75 million in Hong Kong-listed gas supplier China Tian Lun Gas Holdings, for a total investment of US$150 million. AMC’s transaction was structured through its IFC Global Infrastructure Fund. Tian Lun Gas intends to use the capital to help expand its natural gas distribution infrastructure in China.