Addor Capital builds $350m green industry fund amid China's carbon-neutral push

Addor Capital builds $350m green industry fund amid China's carbon-neutral push

Photo by Anastasiya Romanova on Unsplash

Chinese venture capital (VC) firm Addor Capital has launched a 2.5-billion-yuan ($350.3 million) green transformation fund to double down on the green energy industry where the firm has already deployed north of 6 billion yuan ($840.7 million).