China Everbright signs loan for waste-to-energy plants

Asian Development Bank and a consortium of six commercial lenders provide China Everbright with another $100 million to convert trash into energy.

China Everbright signs loan for waste-to-energy plants
Photo: AFP

China Everbright International signed an agreement yesterday with the Asian Development Bank ADB and six commercial banks to borrow $100 million. The cash will be used to finance a series of new waste-to-energy WTE plants using clean technology across several second-tier Chinese cities.

The $100 million B-loan will be provided by Mizuho Corporate Bank and Hang Seng Bank, which are joint-leaders of the consortium, three Taiwanese lenders Bank of Kaohsiung, Cathay United Bank, Chang Hwa...

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