JinkoSolar's downstream solar business receives $225M investment


JinkoSolar (NYSE:JKS) has announced that China Development Bank International, the Macquarie Greater China Infrastructure Fund and New Horizon Capital have agreed to invest a total of $225M in the company's downstream solar power project business - Jinko Power.

Upon completion of the investment the three investors will hold a total of approximately 45% of Jinko Power's equity interest.

JKS +5% premarket

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs