JinkoSolar Closes Remainder of $225 Million Equity Investment

Nov. 18 (Bloomberg) — JinkoSolar Holding Co., a Shangrao,
China-based manufacturer, closed a $225 million investment the
company said in July it planned to use for project development.

China Development Bank International, the Macquarie Greater
China Infrastructure Fund and New Horizon Capital now combine to
hold about 45 percent of the company’s Jinko Power Engineering
Group development unit, according to a statement today. The
parent company also contributed capital.

Terms weren’t disclosed.

JinkoSolar is seeking to develop more than 600 megawatts of
projects this year, compared with an earlier forecast of 400
megawatts.

To contact the reporter on this story:
Justin Doom in New York at
jdoom1@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Jim Efstathiou Jr., Will Wade

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