Upcoming IPO Profile: China Hydroelectric (CHC)

Note that China Hydroelectric (NYSE:CHC) is slated for an offering in the coming week. The price range is expected to be in the $15 to $17 range. With about 3.1 million shares being put on the table, the company will raise about $50 million. After the offering, the company's market cap should be roughly $721 million.

The company builds and operates hydro power plants. It currently owns eleven, partially owns another, and will continue to acquire smaller plants using the proceeds from the offering.

China Hydroelectric is one of four China-based companies with IPOs in the foreseeable future.