Suzhou Solar Company to sell bonds to “200 qualifying investors”

Downstream PV energy provider GCL New Energy (GCLNE), part of GCL Holding plans to raise around US$254 million for further project development through a private placement of green bonds.

Source: | PV-Tech

Suzhou GCL New Energy Investment Company a subsidiary of GCLNE plans to apply to the Shenzhen Stock Exchange for the issuance of non-public green bonds that would be limited to 200 ‘qualifying’ investors and would have a term of not more than 3 years, according to the company.

Editorial Team

Our Editorial Team curates "news you can use" from hundreds of local newspapers, magazines, blogs and online sources, press releases, radio and TV news shows from around the world. We take great pride in being providing Daily Business Intelligence that's all business and no politics.

Leave a Reply

Your email address will not be published. Required fields are marked *