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China Three Gorges

More project sales ahead as defaulting GCL awaits debt restructure

The company is in cross-default for $679 million, triggered by the non-payment of $500 million of senior notes at the end of January. The polysilicon maker hopes to straighten that matter out with a debt restructure ‘by June.’

China Three Gorges buys 570 MW of Spanish solar

The power company has won the race to acquire a 572 MW, 13-project solar plant portfolio owned by Madrid-based, Canadian-U.S.-controlled developer X-Elio.

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