# Nanning Waterworks plans CNY1.6B private placement for water and sewage plant expansions

Guangxi Nanning Waterworks Co. plans to raise up to CNY1.6 billion through a private placement to build the third phase of the Nanning Chencun Water Plant (adding 200,000 m³/day capacity) and the third phase of the Nanning Jiangnan Sewage Treatment Plant (adding capacity to 720,000 m³/day).

- Type: Expansion
- Announced: 2017-08-10
- Where: Nanning, Guangxi, China
- Value: $239.0M (1.60B CNY)
- Status: announced
- Capacity: 200,000 m³/day water supply; 720,000 m³/day sewage treatment
- Products: water supply, sewage treatment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Guangxi Nanning Waterworks](https://endata.com/companies/26194.md)
- [Nanning Jianning Water Investment Group](https://endata.com/companies/26195.md) (investor)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinese-water-firm-looks-to-expand-plants-through-usd239-million-private-placement), 2017-08-10: "The completion of the water plant's third phase will add 200,000 cubic meters to daily water supply capacity, while the expanded sewage plant will increase the scale of processing to 720,000 cubic meters per day."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.