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.