The planned disposal of greater than a 3rd associated with the Chinese solar company’s task portfolio would simply just simply take a substantial amount away from its financial obligation hill but trading in business stock ended up being halted iraniansinglesconnection profile today, pending a statement with regards to the task purchase. Shunfeng sold down German PV project monitoring company meteocontrol to another procedure owned by its primary shareholder at the conclusion of this past year.
Shunfeng is just one of the Chinese solar developers shuffling across the cash to try to keep carefully the wolf through the door.
Chinese solar business Shunfeng Overseas Clean Energy announced a halt in trading with its stocks this early early morning, pending an statement regarding a fire purchase of around 540 MW of the solar task capability.
The business has already established a busy period of it since our final up-date in-may this past year when the level of its financial obligation hill ended up being revealed with its full-year numbers for 2018. Continue reading “Shunfeng halts investing in front of 540 MW task capability purchase”