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Home : Bank Financing Helps China Wind Power Push 198 MW Phase 3 Development Forward
Oct 31
2012

Bank Financing Helps China Wind Power Push 198 MW Phase 3 Development Forward

TORONTO, ONTARIO--(Marketwire - Oct. 31, 2012) - China Wind Power International Corp. (TSX VENTURE:CNW) ("China Wind Power" or the "Company"), today announced that it had received an RMB 300 million loan from the China Development Bank (the "Bank") for the construction of one of the four 49.5 MW wind farms included in the Company's 198 MW Phase 3 development. The Company also announced that 111 of the 132 sets of wind turbines planned for Phase 3 have been delivered to the site, with 104 sets of wind turbines having been installed to date.
Source:http://www.marketwire.com/mw/release.do?id=1719845&sourceType=3
 
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