# Capital Environment to form joint venture Xiong'an Capital for wastewater project

Capital Environment (03989) announced that its subsidiary Beijing Capital Investment and Capital Shares will form a joint venture, Xiong'an Capital, to operate the Xiong'an project. Beijing Capital Investment will contribute CNY 35.4711 million for 49% equity.

- Type: Partnership
- Announced: 2019-05-17
- Where: Xiong'an, China, China
- Value: $5.10M (35.5M CNY)
- Status: announced
- Products: wastewater treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Capital Environment](https://endata.com/companies/39553.md)
- [Beijing Capital Investment](https://endata.com/companies/39554.md) (investor)
- [Capital Shares](https://endata.com/companies/39555.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/204912.html), 2019-05-17: "雄安首创将负责营运雄安项目。"

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