Hong Kong-based Baring Private Equity Asia is moving into China's green energy sector in a big way.According to the China Daily, Barring and its Mainland associate Chengwei Ventures LLC have invested $88 million in China CBM Investment Holdings Ltd (CCBM). CCBM is a Chinese producer of coal bed methane.CCBM used to go by the name Asian American Gas, Inc. (AAGI). The name was changed after a management buyout. The old AAGI was one of the first foreign companies involved in coal bed methane in China. The company developed some of the most advanced technology available for removing methane from coal beds.See full article.Related Entries: Capital Magazine Interprets China's Private Equity Market - 09 August 2005Foreign Private Equity Moves Into China's Real Estate Market - 22 September 2007The privacy of private equity - 15 January 2008JP Morgan Moves into Asia's Private Equity Market - 28 February 2008Contents of this feed are a property of Creative Weblogging Limited and are protected by copyright laws. Violations will be prosecuted. Please email us if you'd like to use this feed for non-commercial activities at feeds - at - creative-weblogging.com.