Solar – SPI Solar secures funding from three Chinese banks

Solar – SPI Solar secures funding from three Chinese banks

On March 5, SPI Solar announced strategic cooperation agreements with China Minsheng Bank, China Construction Bank and Suzhou Bank. The three banks will respectively provide credit lines of RMB 7 billion, RMB 2 billion and RMB 1 billion to support project financing, mergers and acquisitions as well as general funding needs. (MorningStar EN)