Goldwind Science And Technology Scraps Planned Infrastructure REIT

MT Newswires Live

01/20

Goldwind Science And Technology (HKG:2208) said it was scraping a planned infrastructure REIT listing in mainland China, according to a Hong Kong bourse filing Monday.

Shares of the wind farm company fell nearly 3% in late morning trade Tuesday.

The firm had been pursuing a spin off of its Quannan Tianpaishan wind project on the Shenzhen Stock Exchange via a publicly traded infrastructure REIT, but was now opting out of the process to "further consolidate project resources and optimize operation and management."

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