China Hydroelectric, which consolidates, operates and develops hydropower plants, filed and set terms for its IPO on Tuesday. The Beijing-based company plans to raise $50 million by offering 3.1 million ADSs at a price range of $15-$17. At the mid-point of the proposed range, China Hydroelectric will command a market value of $721 million. China Hydroelectric, which was founded in 2006 and booked $35 million in sales over the last 12 months, plans to list on the NYSE under the symbol CHC. Broadband Capital is the lead underwriter on the deal.
