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Stock impact report

ReneSola Secures Financing for Projects in Hungary and Poland

Emeren Group Ltd American Depositary Shares, each representing 10 shares (SOL) 
Last emeren group ltd american depositary shares, each representing 10 shares earnings: 11/19 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.renesolapower.com
Company Research Source: PR Newswire
SHANGHAI, Feb. 3, 2019 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that the Company entered into a bridge financing agreement with Eiffel Energy Transition Fund for its photovoltaic projects in Hungary and Poland. Under the terms of the agreement, Eiffel Energy Transition Fund will finance ReneSola's  41.3 MW projects in Hungary and 55MW projects in Poland in the amount of 13,428,000 Euro. Mr. Xianshou Li, Chairman and Chief Executive Officer of ReneSola, commented, "We are excited to partner with Eiffel Energy Transition Fund. This facility demonstrates the confidence that the capital markets put in our ability to successfully develop projects in international markets.  We continue to expect both Hungary and Poland to be growth markets in the years ahead, and we look forward to further supporting solar deployment in these geographies."Mr Pierre-Antoine Machelon, Show less Read more
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