Xinhua Electric Development and Investment Co Ltd
State-owned Panda Green set to bank more public funds
The heavily indebted solar project developer has revealed the state-backed element of two trailed fire sales of 636 MW of solar and wind project portfolios in China. The divestments will generate up to RMB450 million for the company while recognizing RMB200 million in losses on its investments.
Oct 15, 2019 // Markets & Finance News, China, Asia, Panda Green, Xinhua Electric Development and Investment Co Ltd
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