China Exim Bank fund commits $78m to Polish renewables player
The China-CEE Fund, a $500 million vehicle backed by China Exim Bank that invests in Central and Eastern Europe, has committed PLN240 million ($78 million) to renewable energy developer Polish Energy Partners (PEP).
The fund has agreed to subscribe to 7.3 million new shares in PEP at PLN33.03 apiece, according to a presentation by the Polish company. The deal is part of a restructuring that will see PEP's offshore...
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