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Investment

IFM Investors sell Pacific Hydro to SPIC

Global fund manager IFM Investors has sold Australian clean energy company Pacific Hydro to the Chinese-based State Power Investment Corporation (SPIC).

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Read more: SPICPacific HydroIFM InvestorsAustraliaKingState Power Investment CorporationBrazilChileChina Power Investment CorporationCredit SuisseHerbert Smith FreehillsJapanKyle ManginiMaltaMerrill LynchSantander Global Corporate BankingState Nuclear Power Technology CorporationTurkeyVietnamWang BinghuaWood Mallesons