Daily Briefing: Temasek's $50m solar bet; Malls shut in China

And travel players implement precautionary measures against Coronavirus spread.

From DealStreetAsia:

Singapore state-owned investment firm Temasek Holdings and Asia-focused impact investing private equity (PE) fund ABC World Asia, have pumped in $50m in solar energy system developer and operator Sunseap Group, according to an announcement.

Sunseap has closed at least five rounds of equity funding, and its earlier investors include Thai coal and gas producer Banpu Group, and Shell Technology Ventures, the corporate venture capital arm of oil major Royal Dutch Shell.

ABC World was set up in 2018 by Temasek Trust, the philanthropic arm of Temasek Holdings.

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