Yingli Green Energy announces $3.2 million bond financing for solar project in China

By Lisa Kerner

Charlotte, N.C., July 1 – Yingli Green Energy Holding Co. Ltd. completed a $3.2 million bond financing with Tianjin Xinhai Financial Leasing Co., Ltd. and Principal Shield (Xiamen) Financial Technical Service Co., Ltd. for a 4 MW solar project in Hengshui City, Hebei Province, China.

The project bonds are now available for the Chinese public to invest in online at www.shicaidai.com, the China-based internet finance firm, according to a news release.

“We are proud to announce our project and its innovative financing method, which empowers individuals to invest in clean power projects while also providing a safe, flexible and stable investment income,” said Yingli chairman and chief executive officer Liansheng Miao in a news release.

Yingli Green is a solar energy company based in Baoding, China.

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