GCL New Energy set for new $150m loan

Pan Yue

March 19, 2018 10:30 am

Solar panel green 230x150 — Jason Andriulaitis (left) and Dave Osborne of Osborne Solar Solutions checks a connection under a new solar panel installation in Scugog, Ontario on Wednesday April 27, 2016. Various renewable energy initiatives in Ontario are part of what has helped the province stop burning coal to produce electricity. THE CANADIAN PRESS/Frank Gunn | Frank Gunn/The Canadian Press/PA Images

GCL New Energy is opting to use a club route for a $150m loan, mandating Credit Suisse as the sole mandated lead arranger and bookrunner, according to sources.

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Pan Yue

Loans reporter GlobalCapital Asia