China General Nuclear Power Corp, which bought 1MDB's power asset Edra Global Energy Bhd for US$2.3 billion (RM9.83 billion), is reported to be listed next year.

It is expected to raise CGN US$400 million, those familiar with the matter told financial news outlet Bloomberg.

However the plans are "preliminary" and could change, it reported.

Kuala Lumpur-based Edra Global is the second biggest independent power producer in Malaysia, and has projects in Egypt, Bangladesh, the United Arab Emirates and Bangladesh.

1MDB president Arul Kanda Kandasamy had blamed the failed Edra Global initial public offering as a start of 1MDB's woes.

The energy assets were to be listed in November 2013, and postponed to November 2014, before it was shelved.

1MDB paid Goldman Sachs RM1.3 billion and another RM4.35 billion to the International Petroleum Investment Company (IPIC) which acted as co-guarantor for the bonds raised, to purchase Edra Global.

Arul said when the IPO did not happen, 1MDB could not keep its debt repayment schedule.

"This is my answer as to why 1MDB is facing the difficulty and challenges that we are going through today," he was quoted as saying last year.

Malaysiakini could not independently verify the claims made in the Bloomberg report.