Project News Details
Title
Covid-19 disruption leaves indebted Chinese manufacturer in limbo
Detail
Debt-saddled GCL-Poly’s attempts to renegotiate $809 million of defaulted borrowings have been held up because of the coronavirus crisis unfolding in Europe, where one lender is based. Shareholders are due to vote tomorrow on a project sale which could generate $153 million of benefits.
Country
International
Source
PV-Magazine
Regions
Africa Asia Australia Europe North America Oceania South America
Sectors
Supply Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date
28.04.2020
Original Url
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