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China solar unit defaults on $665m bond amid 700% share rally

SHANGHAI : A unit of GCL-Poly Energy Holdings defaulted on a US$500 million (S$665 million) bond after ending an exchange offer with existing bondholders. GCL New Energy Holdings announced the default in a Monday (Feb 1) exchange filing. The firm, which operates solar power plants, is majority owned by GCL-Poly, one of the world’s leading […]

Amarenco Secures Finance from Berenberg for 50-MWp Solar Park in Spain