China Hydroelectric Corporation (“China Hydroelectric” or the “Company”) raised $150,000,000 in Convertible Preferred Stock in a private placement under Rule 144A to finance its expansion through the acquisition of hydroelectric projects in China. M.M. Dillon & Co. (“Dillon”) was engaged by China Hydroelectric as financial advisor and co-placement agent
About China Hydroelectric Corporation
China Hydroelectric engages in the acquisition, ownership, development and operation of hydroelectric power projects in the People’s Republic of China. The company sells electricity to the power grids. It owns 12 operating hydroelectric power projects as well as has a controlling interest in 1 operating hydroelectric power project in the provinces of Zhejiang, Fujian, Yunnan, and Sichuan. The Company was founded in 2006 and is headquartered in Beijing.
About M.M. Dillon & Co.
M.M. Dillon & Co. (formerly CRT Investment Banking LLC) is an employee owned partnership where industry and product specialists collaborate closely to provide creative, idea-driven advice and solutions to its institutional and corporate clients. M.M. Dillon offers public and private financing, M&A advisory and restructuring advisory services. M.M. Dillon’s team of experienced professionals provides execution capabilities for companies across a range of industry sectors. The firm’s senior banking professionals have a minimum of 20 years of experience with major Wall Street firms.