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TPG Capital to invest $150m in China's Comtec Solar

TPG Capital to invest $150m in China's Comtec Solar

Write: Majella [2011-05-20]

Private equity firm TPG Capital said on Tuesday it would invest up to $150 million in China's Comtec Solar, marking the firm's first China-based solar investment.

"The investment in Comtec is consistent with TPG's strategy of collaborating with high quality companies in China," Stephen Peel, managing partner of TPG Asia, said.