Genesis Infrastructure Partners completes divestment of Qinghai Solar Array stake holdings

After twelve years Genesis Infrastructure Partners sells Qinghai Solar Array JV partnership holdings
 
CLEAR WATER BAY, Hong Kong - Oct. 18, 2022 - PRLog -- Genesis Infrastructure Partners today announced the completed sale of its holding in the Qinghai Solar Array partnership to Batbayar Heavy Industries.

The sale ends Genesis Infrastructure Partners management consultancy roles and proprietary ownership involvement in the successful Qinghai Solar Array joint-venture partnership.

Chief Executive of Genesis Infrastructure Partners, Mr. Rolf Karlsson, said "We have been honored and very satisfied in our engagement at the Qinghai Solar Array and believe it will continue to flourish with Batbayar Heavy Industry & Power Co Ltd for the duration. With highly motivated parties increasing demand and international allocation, specifically in regional infrastructure and power deals, we felt wise taking this opportunity to focus attention elsewhere in our portfolio and leverage our capital position towards exciting new joint-ventures in early 2023."

Genesis Infrastructure Partners is a Hong Kong based owner, operator and management and engineering consultancy specializing in Asian Infrastructure and Real Estate businesses. https://www.genesisinfrastructure.com
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