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Shunfeng secures US$3.25 billion band of credit

  • Author:John
  • Release on :2014-08-16
Shunfeng Photovoltaic International has anchored a RMB20 billion (US$3.25 billion) band of credit.  The two-year accord with China Minsheng Banking Corporation will extend into a third year unless it is annulled by the parties.  Shunfeng has been bankrolling a amount of acquisitions including that of bore maker Wuxi Suntech. In turn, Suntech has acquired inverter architect Sunways. It aswell afresh took a 30% pale in accumulator close Powin Energy.