(Reuters) - Chinese solar energy company Yingli Green Energy Holding Company Ltd said its unit has agreed with China Development Bank (CDB) for credit facilities up to RMB 36 billion ($5.31 billion) for photovoltaic investments.
The bank, owned by China's central government, will grant the credit facilities to Yingli Group Co Ltd and its affiliates, including three Chinese units of Yingli Green Energy.
CDB expects to grant the credit facilities to these units for their photovoltaic industry-related domestic and overseas investments.
