yingli-launches-fourth-solar-deal-in-short-succession

Yingli launches fourth solar deal in short succession

The Chinese integrated solar power player seeks to raise up to $377 million on the NYSE from the sale of around 23% of the company.
Yingli Green Energy, an integrated player in the solar power sector, has launched the roadshow for an initial public offering on the New York Stock Exchange that aims to raise between $319 million and $377 million.

The offer comes at a time when fellow Mainland solar power companies LDK Solar and Trina Solar are also in the market trying to attract the attention of investors for an IPO of up to $470 million and a follow-on ADR offering of about $315 million, respectively. However, bankers say there should be enough interest to cover all three deals as solar power is still a ôhotö sector in the US as the demand for more green energy is...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222