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state-owned acquisition

GCL generates another $85 million with new shares and 100 MW project sale

The polysilicon manufacturer, which is bent on slimming down its capital-intensive project development business, has generated another windfall to go towards servicing its onerous debt pile.

New hold-up in proposed $536m windfall for GCL New Energy

The proposed acquisition by state-owned China Huaneng of 294 MW of GCL project capacity in China has been delayed a second time.

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