China Everbright to loan $100m by year-end to fund waste-to-energy plants

The $100m loan is being arranged by Mizuho Corporate Bank.

Bloomberg noted that the Hong Kong-based renewable energy developer is targeting to sign a $100 million loan with seven to eight banks by the end of the year.

According to Bloomberg’s sources, the facility is the commercial bank portion of $200 million in so- called A/B financing from the Asian Development Bank.

The waste-to-energy plants will be situated in cities across the nation’s Yangtze River Delta, Pearl River Delta and Bohai Rim region.

Read the full story here.