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The debt-saddled PV project developer appears to again be piling up credit lines as it awaits the outcome next week of its latest, $231 million Chinese state-backed bail-out. February 10, 2020Max Hall Panda Green has borrowed from another of its state-owned shareholders. Anthony Chong/Pixabay Embattled solar developer Panda Green has added another significant debt-related date […]
The debt-saddled developer now has to hope its latest, $230 million state bail-out goes ahead before summer or it will be left $260 million in hock to its Beijing-owned main shareholder. January 24, 2020Max Hall Hong Kong-listed Panda Green has kicked its US$242 million debt six months down the road. Image: sharonang/Pixabay The holders of […]
The debt-saddled developer has turned to another of its state-owned backers to dig it out of a hole as it scrambles to raise $242 million in eight days. January 17, 2020Max Hall The lights are still on at Hong Kong-listed Panda Green, thanks to China Merchants’ deep pockets. Image: See-ming Lee/Flickr With its latest state-owned […]
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