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China State Corporation (CNNPC) operator of nine nuclear reactors preparing for IPO
China State Corporation China National Nuclear Power Corp. (CNNPC) is preparing for an IPO. The company, the operator of nine nuclear reactors, plans to sell 3,65 billion shares in order to earn about 2,6 billion dollars, which will be used to implement new nuclear projects as part of the program to improve the sustainability of energy generation. Currently, the main share in the energy supply of China is in coal energy, which leads to accelerated growth of CO2 emissions. In this regard, the Chinese authorities are trying to diversify the country's energy balance in order to increase the share of nuclear and renewable energy in it.