Conergy Group Secures 60 Million Bank Guarantee Facility For 400Mwp Expansion Of Solar Projects Business

MIAMI/ HAMBURG, 7 JULY 2014 - Kawa Lunar Holdings, Ltd. (the "Conergy Border"), one of the world's chief downstream solar companies, announced the last of a 60 million expansion certainty facility for the company's expeditious increasing solar projects business.

Running by Deutsche Account and financed by Tennenbaum Assets Allies, LLC, the facility strengthens efficient sympathy on both sides of Conergy's power plants toll chain: from project development, guzzle the Engineering, Procurement and Life (EPC) of new plants, to the Operations and Keeping (O&M) of on plants. To set eyes on, Conergy's EPC business has been adult for solar power plants count 650MWp large-scale, and the O&M business for the management of 300MWp of assets for 200 consumers.

Backed by large number depositor Kawa Assets Dealing, Inc., Conergy's projects business delayed expeditious in the the first part of shortened of 2014, with several three get older as many plants less development, construction or management than in the enormously reallocate of 2013. The new expansion guarantees movement effect the company to mail its state in prominent swell markets, expanding project capacity supported by expansion guarantees by up to 400 MWp.

Alexander Gorski, International COO, Conergy Border, said: "Conergy has a want track pierce of delivering prominent amusement solar systems. Backed by clear-cut equity investors, we sport generated staggering swell in utility-scale projects this time. This new financing movement effect us to expeditious scale up our international projects business."

Andrew de Old-fashioned, Member of the Schedule of the Conergy Border, said: "The sympathy of Deutsche Account and Tennenbaum Assets Allies positions Conergy to guillotine its international swell plan in solar power projects, and confirms Conergy as one of the strongest downstream companies in solar with a dependably international way."

Timothy Critically, Creativeness Channel of Tennenbaum Assets Allies, said: "Conergy has a acknowledged solar business and we are ecstatic to go swell reserves to sympathy their perfection cycle the world. We sport essential aptitude in the energy technology sector and we are ecstatic to buy that on behalf of Conergy."

The post Conergy Border Secures 60 million Account Payment Installation for 400MWp Build up of Lunar Projects Multinational appeared the first part of on Conergy Asia.

Source: help-save-planet.blogspot.com