Neo Cathay Power obtains NT$3.5 billion loan

Neo Cathay Power (NCP), a company in the PV power generation business, has signed with eight Taiwan banks for a 5-year syndicated loan of NT$3.5 billion (US$117 million), according to solar cell maker Neo Solar Power (NSP), which formed NCP with Cathay Life Insurance on a joint venture basis.

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via Yuichun