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China Everbright Renewable Energy Project: Faster Approach to Small Nonsovereign Transactions (FAST) Report

Faster Approach to Small Nonsovereign Transactions | April 2017

This report describes the terms and conditions of a project for consideration for approval by ADB under the Faster Approach to Small Nonsovereign Transactions (FAST) framework. This document dated April 2017 is provided for the ADB project 49211-001 in the People's Republic of China (PRC).

The President, acting under the authority delegated by the Board, has approved the equity investment of up to $10,000,000 equivalent in Hong Kong dollars from the ordinary capital resources of the Asian Development Bank in China Everbright Greentech Limited at a price no higher than HK$6.67 per share for the China Everbright Renewable Energy Project in the PRC, and hereby reports this action to the Board.