Longnan Group to Invest 160 Million US Dollars on Distributed PV Projects in Jiangxi Province

PVTIME – On February 8, an overseas bond ($200 million) issued by Longnan Construction Investment Holding Group Co., Ltd. (hereinafter referred to as Longnan Group) was registered by the National Development and Reform Commission of China.

Longnan Group is planned to propose overseas issuance of bonds of no more than US $200 million (equivalent). Among the funds raised, 160 million US dollars will be used for Longnan Innovation Industrial Park project, distributed photovoltaic power station project in the economic development zone, and urban energy facilities upgrading projects in Longnan City, Jiangxi Province. And the rest 40 million US dollars will be used for supplement working capital.