Investec Ireland's Wealth Management unit has completed a $3.8m investment in China's Petrocom Energy on behalf of a group of Irish investors.
Petrocom's core business involves the construction, ownership and operation of coal blending facilities in China. These facilities enable the blending of varying ranks of coal to offer customers - mainly coal fired generators - a product with a guaranteed consistency of quality.
Petrocom is the second Chinese private equity deal Investec Ireland has closed on behalf of clients since last December.
