Yingli Gets $324 Million From China Development Bank
BLOOMBERG - Yingli Green Energy Holding Co. (YGE), a Chinese solar-module maker, has a “framework agreement” for $324 million of China Development Bank funding for a so-called trade platform in Hong Kong used to import raw materials.
The state-run lender will provide 150 million yuan ($24 million) and $300 million, Yingli said in an e-mailed statement yesterday.
