GCL New Energy raises US$56 million in private green bond placement

 · The news follows an announcement last week that GCL’s holding company would be changing its name to GCL New Energy to reflect the company’s increasing involvement in downstream business. GCL-Poly said the credit line would be available to enable the company to build up its solar farm business in China.

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China-based independent PV power producer GCL New Energy (GCLNE) has completed the placement of an initial non-public Green Bond, raising RMB 375 million (US$55.8 million).

November 2013, GCL New Energy Holdings Limited (with stock code. An operating profit of US$56 million (2016: loss of US$40 million).. private. As a result, no publicly held shares of Shuanghui.. required to raise the hogs to be slaughtered and the. Placement of pledged/restricted bank deposits.

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management business for MetLife, Inc. (as investor), have successfully executed a US private placement for a total amount of 100 million euros. The 2.62% notes, which qualify as green bonds, are denominated in euro, and have a tenor of 11 years. This issue confirms WDP’s sustainable development and strategy. The green bonds are issued

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.

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Ai February 2015 by AI Global Media – Issuu – GCL New Energy Becomes a Listed Subsidiary of GCL-Poly Through a Reverse Merger My name is Tien Chau, I am the CFO of GCL New Energy Holdings limited. Please tell us a little about GCL New Energy.

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