US$5.5b Deal


XINJIANG Goldwind Science Technology and Co, China's second-largest wind-turbine maker, has signed a financial deal with China Development Bank for wind power projects worth 35 billion yuan (US$5.5 billion).

The accord signed through its unit, Beijing Tianrun New Energy Investment Corp, also covers asset acquisition, Goldwind said yesterday in a stock exchange statement. The deal runs to 2013, Goldwind said.


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