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Stock Market & Financial Investment News

News Breaks
July 30, 2014
06:28 EDTJKSJinkoSolar to receive $225M private equity investment led by CDBI
JinkoSolar Holding announced that China Development Bank International, or CDBI, the Macquarie Greater China Infrastructure Fund, or MGCIF, and New Horizon Capital have agreed to invest a total of $225M in the company's downstream solar power project business. JinkoSolar Power Engineering Group, a wholly-owned subsidiary of JinkoSolar that develops and operates its downstream solar power project business, entered into separate definitive share purchase agreements with each of CDBI, MGCIF and New Horizon. Under the subscription agreements, CDBI, MGCIF and New Horizon have agreed to invest a total of $225M in Jinko Power. Upon completion of the investment and the company's additional capital contribution to Jinko Power, the three investors will hold a total of approximately 45% of Jinko Power's equity interest.
News For JKS From The Last 14 Days
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November 24, 2014
08:44 EDTJKSChina, U.S. still in solar deal talks, says Roth Capital
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07:04 EDTJKSJinkoSolar to supply 7MW solar PV modules to Almacen Sustentable in Mexico
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November 21, 2014
08:30 EDTJKSJinkoSolar 2015 earnings can beat expectations, says Roth Capital
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November 20, 2014
06:34 EDTJKSJinkoSolar sees 2014 total solar module shipments 2.9GW-3.2GW
06:34 EDTJKSJinkoSolar sees Q4 total solar module shipments 1,030MW-1,120MW vs. 708MW in Q3
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06:33 EDTJKSJinkoSolar reports Q3 EPS $1.36, consensus 71c
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November 18, 2014
12:59 EDTJKSChinese solars advance following JA Solar results
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07:05 EDTJKSJinkoSolar closes $225M investment led by CDB and MGCIF
JinkoSolar Holding announced that it closed the private equity investment led by China Development Bank International, or CDB and the Macquarie Greater China Infrastructure Fund, or MGCIF, a fund managed by Macquarie Infrastructure and Real Assets, of an aggregate amount of $225M in the Company's downstream solar power project business. JinkoSolar Power Engineering Group, a subsidiary of JinkoSolar that develops and operates its downstream solar power project business, entered into definitive share purchase agreements with each of CDBI, MGCIF and New Horizon Capita. Under the share purchase agreements, CDBI, MGCIF and New Horizon have agreed to invest an aggregate amount of $225M in Jinko Power. The three investors hold a total of approximately 45% of Jinko Power's equity interest. They will provide support and additional resources to facilitate the spin off and listing of Jinko Power and the downstream business development in terms of project financing, project development, project operation and global green energy network.

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