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LDK and SPI close with China Development Bank on New Jersey and California solar PV
06 January 2012
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[ldk]
[cdb]
[new jersey]
[california]
[kdc]
[imclone]
SPI Solar and its majority owner LDK Solar have closed $64 million in construction financing for solar photovoltaic projects in California and New Jersey. China Development Bank will provide the facilities, which consist of $20 million in 15-year debt to China-based LDK for two projects in California and $44 million to SPI for two plants in New Jersey, White Rose and ImClone. The two LDK facilities in California have...
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