JA Solar Vietnam signs Sinosure-backed loan

In:

Renewables

Region:

Asia-Pacific

By Max Thompson

JA Solar Vietnam signed a €78 million ($84.7 million) Sinosure-backed loan to finance the procurement of PV production equipment on 21 June.The corporate loan has a five-year tenor with 95% cover from the Chinese ECA. ANZ and Credit Agricole are providing the funds each taking 50% of the debt...

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