# Tianjin Capital Environmental to invest CNY 473.9M in Xi'an wastewater treatment upgrades

Tianjin Capital Environmental Protection Group Co., Ltd. approved an investment of approximately CNY 473.9 million for upgrading and deodorization projects at a wastewater treatment plant and purification center in Xi'an. The company will inject CNY 142 million as capital into its Xi'an subsidiary, with the remainder financed through bank loans.

- Type: Investment
- Announced: 2020-06-24
- Where: Xi'an, China
- Value: $67.0M (473.9M CNY)
- Status: announced
- Products: wastewater treatment services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Tianjin Capital Environmental Protection](https://endata.com/companies/24229.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/313022.html), 2020-06-25: "本工程项目预计总投资金额约为人民币4.739亿元，其中人民币1.42亿元为项目资本金，拟由公司向西安公司增资解决;剩余部分将由西安公司通过银行借贷等方式解决。"

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